FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Shareholders Set to Receive $0.16 Monthly Dividend

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) announced a monthly dividend on Wednesday, September 30th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.1607 per share on Wednesday, October 7th. This represents a $1.93 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Thursday, October 1st. This is a 15.6% decrease from FlexShares Credit-Scored US Corporate Bond Index Fund’s previous monthly dividend of $0.1905.

FlexShares Credit-Scored US Corporate Bond Index Fund Stock Performance

NASDAQ SKOR opened at $46.75 on Thursday. The stock’s 50-day simple moving average is $47.69 and its two-hundred day simple moving average is $48.19. FlexShares Credit-Scored US Corporate Bond Index Fund has a twelve month low of $46.68 and a twelve month high of $49.53.

About FlexShares Credit-Scored US Corporate Bond Index Fund

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.