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Schwab Mortgage-Backed Securities ETF Sets $0.1091 Distribution

The monthly payment is scheduled for Nov. 6; Nov. 2 is both the record and ex-dividend date.

Updated 1 min read
Commuters pass the Charles Schwab corporate campus in Westlake, Texas. (AI-generated image / EconoTimes)
Commuters pass the Charles Schwab corporate campus in Westlake, Texas. (AI-generated image / EconoTimes)

The Schwab Mortgage-Backed Securities ETF (SMBS) set a $0.1091-per-share monthly distribution, with payment scheduled for Nov. 6 following record and ex-dividend dates that both fell on Nov. 2.

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