Highland/iBoxx Senior Loan ETF (NASDAQ:SNLN) announced a monthly dividend on Monday, September 14th, Zacks reports. Shareholders of record on Wednesday, September 16th will be paid a dividend of 0.038 per share on Wednesday, September 30th. This represents a $0.46 annualized dividend and a yield of 2.83%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a positive change from Highland/iBoxx Senior Loan ETF’s previous monthly dividend of $0.03.
Highland/iBoxx Senior Loan ETF has increased its dividend by 1.3% over the last three years.
Shares of SNLN traded down $0.02 during trading hours on Wednesday, hitting $16.09. The company had a trading volume of 4,258 shares, compared to its average volume of 89,481. Highland/iBoxx Senior Loan ETF has a one year low of $13.88 and a one year high of $17.60. The company’s fifty day moving average price is $15.98 and its two-hundred day moving average price is $15.85.
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