Virtus Newfleet Multi-Sector Unconstrained Bond ETF (NFLT) Raises Dividend to $0.08 Per Share

Virtus Newfleet Multi-Sector Unconstrained Bond ETF (NYSEARCA:NFLT) announced a monthly dividend on Thursday, February 22nd, Wall Street Journal reports. Investors of record on Thursday, February 22nd will be paid a dividend of 0.0832 per share on Wednesday, February 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.02%. The ex-dividend date is Wednesday, February 21st. This is a boost from Virtus Newfleet Multi-Sector Unconstrained Bond ETF’s previous monthly dividend of $0.07.

Shares of Virtus Newfleet Multi-Sector Unconstrained Bond ETF (NYSEARCA NFLT) traded up $0.05 on Thursday, hitting $24.85. The company had a trading volume of 22,217 shares, compared to its average volume of 31,878. Virtus Newfleet Multi-Sector Unconstrained Bond ETF has a one year low of $24.78 and a one year high of $25.95.

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