SPDR Bloomberg Barclays Convertible Securities ETF (CWB) Declares Monthly Dividend of $0.09

SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB) declared a monthly dividend on Monday, December 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, December 4th will be given a dividend of 0.0877 per share by the exchange traded fund on Friday, December 7th. This represents a $1.05 annualized dividend and a yield of 2.02%. The ex-dividend date of this dividend is Monday, December 3rd. This is an increase from SPDR Bloomberg Barclays Convertible Securities ETF’s previous monthly dividend of $0.07.

CWB opened at $51.99 on Tuesday. SPDR Bloomberg Barclays Convertible Securities ETF has a 52 week low of $48.72 and a 52 week high of $54.99.

Separately, Barclays reaffirmed a “sell” rating and set a $35.00 price target on shares of SPDR Bloomberg Barclays Convertible Securities ETF in a research report on Friday, November 16th.

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SPDR Bloomberg Barclays Convertible Securities ETF Company Profile

SPDR Barclays Convertible Securities ETF, formerly SPDR Barclays Capital Convertible Securities ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks United States convertible securities. In seeking to track the performance of the Barclays Capital U.S.

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Dividend History for SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB)

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