SPDR S&P 1500 Momentum Tilt ETF (MMTM) to Issue Dividend Increase – $0.47 Per Share

SPDR S&P 1500 Momentum Tilt ETF (NYSEARCA:MMTM) declared a quarterly dividend on Monday, September 24th, Wall Street Journal reports. Shareholders of record on Tuesday, September 25th will be paid a dividend of 0.4676 per share on Thursday, September 27th. This represents a $1.87 annualized dividend and a yield of 1.46%. The ex-dividend date of this dividend is Monday, September 24th. This is an increase from SPDR S&P 1500 Momentum Tilt ETF’s previous quarterly dividend of $0.43.

SPDR S&P 1500 Momentum Tilt ETF stock traded up $0.25 during trading hours on Tuesday, hitting $128.43. The stock had a trading volume of 1,270 shares, compared to its average volume of 1,433. SPDR S&P 1500 Momentum Tilt ETF has a 12-month low of $105.38 and a 12-month high of $129.19.

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