FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Raises Dividend to $0.20 Per Share

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) announced a monthly dividend on Wednesday, July 31st, NASDAQ reports. Shareholders of record on Thursday, August 1st will be paid a dividend of 0.2042 per share on Wednesday, August 7th. This represents a $2.45 annualized dividend and a yield of 5.09%. The ex-dividend date is Thursday, August 1st. This is an increase from FlexShares Credit-Scored US Corporate Bond Index Fund’s previous monthly dividend of $0.20.

FlexShares Credit-Scored US Corporate Bond Index Fund Trading Up 0.3 %

Shares of SKOR traded up $0.13 during mid-day trading on Thursday, reaching $48.15. 25,295 shares of the company’s stock traded hands, compared to its average volume of 33,392. The stock’s 50-day moving average is $47.62 and its two-hundred day moving average is $47.51. FlexShares Credit-Scored US Corporate Bond Index Fund has a 12 month low of $45.16 and a 12 month high of $48.24.

FlexShares Credit-Scored US Corporate Bond Index Fund Company Profile

The FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of intermediate-maturity, investment-grade corporate bonds that are selected and weighted by fundamental factors. SKOR was launched on Nov 12, 2014 and is managed by FlexShares.