Dimensional Global Credit ETF (NASDAQ:DGCB) Raises Dividend to $0.25 Per Share

Dimensional Global Credit ETF (NASDAQ:DGCB) declared a monthly dividend on Monday, October 21st, NASDAQ reports. Investors of record on Tuesday, October 22nd will be paid a dividend of 0.2469 per share on Thursday, October 24th. This represents a $2.96 dividend on an annualized basis and a yield of 5.51%. The ex-dividend date of this dividend is Tuesday, October 22nd. This is a positive change from Dimensional Global Credit ETF’s previous monthly dividend of $0.12.

Dimensional Global Credit ETF Price Performance

Dimensional Global Credit ETF stock traded down $0.27 during trading on Tuesday, reaching $53.81. The company had a trading volume of 44,507 shares, compared to its average volume of 46,214. Dimensional Global Credit ETF has a 52 week low of $50.06 and a 52 week high of $55.16. The firm’s 50-day simple moving average is $54.48 and its 200 day simple moving average is $53.34.

About Dimensional Global Credit ETF

The Dimensional Global Credit ETF (DGCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of debt securities of any credit quality that are maturing within 20 years. The fund aims to maximize total returns, while optimizing overall gains DGCB was launched on Nov 7, 2023 and is issued by Dimensional.