VanEck CEF Municipal Income ETF (BATS:XMPT) Plans Dividend Increase – $0.11 Per Share

VanEck CEF Municipal Income ETF (BATS:XMPT) declared a dividend on Friday, June 28th, NASDAQ reports. Stockholders of record on Monday, July 1st will be paid a dividend of 0.1055 per share on Friday, July 5th. The ex-dividend date is Monday, July 1st. This is an increase from VanEck CEF Municipal Income ETF’s previous dividend of $0.09.

VanEck CEF Municipal Income ETF Stock Performance

Shares of XMPT stock opened at $22.01 on Friday. The firm’s 50-day moving average price is $21.40 and its two-hundred day moving average price is $21.33.

About VanEck CEF Municipal Income ETF

The VanEck CEF Municipal Income ETF (XMPT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that tracks an index that provides exposure to US-listed muni-bond closed-end funds. XMPT was launched on Jul 12, 2011 and is managed by VanEck.