Dimensional Global Credit ETF (NASDAQ:DGCB) Announces Dividend Increase – $0.25 Per Share

Dimensional Global Credit ETF (NASDAQ:DGCB) declared a monthly dividend on Monday, October 21st, NASDAQ reports. Investors of record on Tuesday, October 22nd will be given a dividend of 0.2469 per share on Thursday, October 24th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 5.51%. The ex-dividend date is Tuesday, October 22nd. This is a positive change from Dimensional Global Credit ETF’s previous monthly dividend of $0.12.

Dimensional Global Credit ETF Price Performance

NASDAQ:DGCB traded down $0.27 on Tuesday, reaching $53.81. 44,507 shares of the company’s stock traded hands, compared to its average volume of 46,214. The stock has a 50-day simple moving average of $54.48 and a 200-day simple moving average of $53.34. Dimensional Global Credit ETF has a 12 month low of $50.06 and a 12 month high of $55.16.

Dimensional Global Credit ETF Company Profile

The Dimensional Global Credit ETF (DGCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of debt securities of any credit quality that are maturing within 20 years. The fund aims to maximize total returns, while optimizing overall gains DGCB was launched on Nov 7, 2023 and is issued by Dimensional.