Schwab Fundamental U.S. Broad Market Index ETF (FNDB) to Issue $0.20 Quarterly Dividend

Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) declared a quarterly dividend on Wednesday, September 26th, Wall Street Journal reports. Shareholders of record on Wednesday, September 26th will be given a dividend of 0.2046 per share on Friday, September 28th. This represents a $0.82 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date is Tuesday, September 25th.

Shares of FNDB stock traded down $0.18 on Wednesday, reaching $39.44. 14,759 shares of the company were exchanged, compared to its average volume of 32,675. Schwab Fundamental U.S. Broad Market Index ETF has a 1 year low of $34.75 and a 1 year high of $40.32.

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