FlexShares Core Select Bond Fund (BNDC) Increases Dividend to $0.06 Per Share

FlexShares Core Select Bond Fund (NYSEARCA:BNDC) declared a monthly dividend on Monday, April 9th, Wall Street Journal reports. Shareholders of record on Monday, April 9th will be given a dividend of 0.0579 per share on Thursday, April 12th. This represents a $0.69 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date is Friday, April 6th. This is an increase from FlexShares Core Select Bond Fund’s previous monthly dividend of $0.05.

NYSEARCA:BNDC traded up $0.10 during trading hours on Monday, reaching $24.55. 120,462 shares of the stock were exchanged, compared to its average volume of 8,755. FlexShares Core Select Bond Fund has a 52 week low of $24.28 and a 52 week high of $28.51.

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