FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Announces Dividend Increase – $0.20 Per Share

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) declared a monthly dividend on Tuesday, March 31st. Investors of record on Wednesday, April 1st will be paid a dividend of 0.1959 per share on Tuesday, April 7th. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Wednesday, April 1st. This is a 11.3% increase from FlexShares Credit-Scored US Corporate Bond Index Fund’s previous monthly dividend of $0.18.

FlexShares Credit-Scored US Corporate Bond Index Fund Stock Up 0.4%

Shares of SKOR opened at $48.62 on Wednesday. FlexShares Credit-Scored US Corporate Bond Index Fund has a fifty-two week low of $47.01 and a fifty-two week high of $49.53. The firm’s 50 day moving average price is $49.01 and its 200 day moving average price is $49.14.

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.