Nov. 2 is both SHYD’s record and ex-dividend date for its $0.0693-per-share distribution, payable Nov. 5.
VanEck declared the distribution Oct. 30. Monday, Nov. 2, served as both the record date, which identifies eligible shareholders, and the ex-dividend date.
SHYD’s previous $0.0639-per-share distribution had an Oct. 1 record and ex-dividend date and was paid Oct. 6.
The fund’s benchmark comprises U.S. dollar-denominated municipal bonds that are tax-exempt and have nominal maturities of one to 12 years. SHYD seeks to track that benchmark before fees and expenses.
