Fidelity High Yield Factor ETF Plans Monthly Dividend of $0.23 (FDHY)

Fidelity High Yield Factor ETF (NYSEARCA:FDHY) declared a monthly dividend on Monday, July 30th, Wall Street Journal reports. Shareholders of record on Monday, July 30th will be given a dividend of 0.233 per share on Wednesday, August 1st. This represents a $2.80 annualized dividend and a yield of 5.59%. The ex-dividend date of this dividend is Friday, July 27th.

Fidelity High Yield Factor ETF traded up $0.01, hitting $50.01, on Monday, Marketbeat Ratings reports. 3,784 shares of the company’s stock traded hands, compared to its average volume of 3,025. Fidelity High Yield Factor ETF has a 1 year low of $49.52 and a 1 year high of $50.77.

Further Reading: What is a closed-end mutual fund (CEF)?

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