Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) announced a monthly dividend on Thursday, January 31st, Wall Street Journal reports. Investors of record on Monday, February 4th will be paid a dividend of 0.1071 per share on Wednesday, February 6th. This represents a $1.29 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date is Friday, February 1st. This is a boost from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.10.
VTEB traded up $0.11 on Thursday, reaching $51.29. The company had a trading volume of 590,065 shares, compared to its average volume of 558,341. Vanguard Tax-Exempt Bond ETF has a 52-week low of $49.85 and a 52-week high of $51.34.
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