Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) Raises Dividend to $0.14 Per Share

Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) declared a monthly dividend on Friday, August 28th, NASDAQ Dividends reports. Shareholders of record on Friday, August 28th will be given a dividend of 0.141 per share on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date is Friday, August 28th. This is a 3.7% increase from Fidelity Systematic Municipal Bond Index ETF’s previous monthly dividend of $0.14.

Fidelity Systematic Municipal Bond Index ETF Stock Down 0.6%

Fidelity Systematic Municipal Bond Index ETF stock opened at $49.12 on Friday. The firm’s fifty day moving average price is $49.94 and its two-hundred day moving average price is $50.16. Fidelity Systematic Municipal Bond Index ETF has a 1-year low of $48.55 and a 1-year high of $51.25.

About Fidelity Systematic Municipal Bond Index ETF

The Fidelity Systematic Municipal Bond Index ETF aims to provide a high current yield exempt from federal income tax by investing at least 80% of its assets in municipal securities included in the Fidelity Systematic U.S. Municipal Bond Index.