First Trust Managed Municipal ETF Announces Monthly Dividend of $0.159 per Share

The First Trust Managed Municipal ETF (FMB) has declared a monthly dividend of $0.159 per share, to be paid on September 30. The ex-dividend date is set for September 24, with shareholders recorded as of that day eligible to receive the payment. This announcement provides investors with an update on FMB's consistent income-generating strategy through municipal bonds. As a fixed-income ETF focused on tax-exempt municipal securities, its dividend reflects ongoing portfolio performance and management decisions aimed at delivering regular returns to investors.

By Deepa Sarvaiya, SA News Editor · Seeking Alpha ·

First Trust Managed Municipal ETF Announces Monthly Dividend of $0.159 per Share

Tickers: $FMB

Topics: dividend ETF

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