Schwab Long-Term U.S. Treasury ETF Declares Monthly Dividend of $0.1129 per Share

The Schwab Long-Term U.S. Treasury ETF (SCHQ) has declared a monthly dividend of $0.1129 per share, to be paid on October 7 to shareholders of record as of September 30. The ex-dividend date is set for October 1. This announcement provides investors with updated information regarding the fund's income distribution strategy amid ongoing market volatility in fixed-income sectors. SCHQ offers low-cost exposure to long-term U.S. Treasury securities, and its dividend reflects continued returns from this asset class despite broader macroeconomic uncertainties affecting bond yields and duration risk.

By Manshi Mamtora, CFA, SA News Editor · Seeking Alpha ·

Schwab Long-Term U.S. Treasury ETF Declares Monthly Dividend of $0.1129 per Share

Topics: dividends ETFs Treasury

Read the full article at Seeking Alpha

More World news