Vanguard Tax-Exempt Bond ETF (VTEB) Raises Dividend to $0.09 Per Share

Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) announced a monthly dividend on Monday, April 2nd, Wall Street Journal reports. Shareholders of record on Tuesday, April 3rd will be paid a dividend of 0.0929 per share on Thursday, April 5th. This represents a $1.11 annualized dividend and a yield of 2.20%. The ex-dividend date of this dividend is Monday, April 2nd. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.08.

VTEB stock traded down $0.01 during mid-day trading on Monday, hitting $50.72. 802,927 shares of the company were exchanged, compared to its average volume of 531,107. Vanguard Tax-Exempt Bond ETF has a 1-year low of $50.55 and a 1-year high of $52.07.

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