FLEXSHARES TR/DISCIPLINED DURATIO (MBSD) Announces Dividend Increase – $0.07 Per Share

FLEXSHARES TR/DISCIPLINED DURATIO (NASDAQ:MBSD) announced a monthly dividend on Monday, December 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, December 4th will be paid a dividend of 0.0711 per share on Friday, December 7th. This represents a $0.85 annualized dividend and a dividend yield of 3.73%. The ex-dividend date is Monday, December 3rd. This is a positive change from FLEXSHARES TR/DISCIPLINED DURATIO’s previous monthly dividend of $0.07.

FLEXSHARES TR/DISCIPLINED DURATIO has increased its dividend payment by an average of 60.6% annually over the last three years.

Shares of NASDAQ MBSD opened at $22.88 on Tuesday. FLEXSHARES TR/DISCIPLINED DURATIO has a 52-week low of $22.62 and a 52-week high of $23.85.

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