Kingsbarn Tactical Bond ETF (NYSEARCA:KDRN) to Issue Dividend Increase – $0.24 Per Share

Kingsbarn Tactical Bond ETF (NYSEARCA:KDRN) announced a quarterly dividend on Tuesday, September 22nd. Investors of record on Wednesday, September 23rd will be paid a dividend of 0.2371 per share on Thursday, September 24th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Wednesday, September 23rd. This is a 3.4% increase from Kingsbarn Tactical Bond ETF’s previous quarterly dividend of $0.23.

Kingsbarn Tactical Bond ETF Price Performance

KDRN traded down $0.10 on Wednesday, hitting $22.54. 10 shares of the company’s stock were exchanged, compared to its average volume of 500. The stock has a fifty day moving average of $23.02 and a two-hundred day moving average of $23.18. Kingsbarn Tactical Bond ETF has a twelve month low of $22.81 and a twelve month high of $23.72.

About Kingsbarn Tactical Bond ETF

The Kingsbarn Tactical Bond ETF (KDRN) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages credit and duration risk by investing between various global bond ETFs and 10-year US Treasury futures. KDRN was launched on Dec 20, 2021 and is managed by Kingsbarn.