Schwab Strategic Trust (NYSEARCA:SCHO) declared a monthly dividend on Monday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 3rd will be paid a dividend of 0.0672 per share on Friday, April 6th. This represents a $0.81 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend is Monday, April 2nd. This is a positive change from Schwab Strategic Trust’s previous monthly dividend of $0.06.
SCHO traded down $0.04 on Monday, reaching $49.80. The company had a trading volume of 753,373 shares, compared to its average volume of 364,940. Schwab Strategic Trust has a one year low of $49.71 and a one year high of $50.57.
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