SPDR SSgA Income Allocation ETF (INKM) Announces Quarterly Dividend of $0.45

SPDR SSgA Income Allocation ETF (NYSEARCA:INKM) declared a quarterly dividend on Wednesday, December 27th, Wall Street Journal reports. Shareholders of record on Thursday, December 28th will be given a dividend of 0.4527 per share on Tuesday, January 9th. This represents a $1.81 dividend on an annualized basis and a yield of 5.40%. The ex-dividend date of this dividend is Wednesday, December 27th.

SPDR SSgA Income Allocation ETF (NYSEARCA INKM) traded up $0.12 during trading hours on Thursday, reaching $33.55. 2,500 shares of the company’s stock were exchanged, compared to its average volume of 6,169. SPDR SSgA Income Allocation ETF has a 12 month low of $30.29 and a 12 month high of $34.50.

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