First Trust Short Duration Managed Municipal ETF Announces Monthly Dividend of $0.04 (FSMB)

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First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) announced a monthly dividend on Thursday, March 21st, Wall Street Journal reports. Stockholders of record on Friday, March 22nd will be paid a dividend of 0.0388 per share on Friday, March 29th. This represents a $0.47 annualized dividend and a dividend yield of 2.30%. The ex-dividend date is Thursday, March 21st.

NYSEARCA:FSMB opened at $20.22 on Friday. First Trust Short Duration Managed Municipal ETF has a 12 month low of $20.06 and a 12 month high of $20.28.

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