Schwab Mortgage-Backed Securities ETF (SMBS) Announces Monthly Dividend of $0.1091
The Schwab Mortgage-Backed Securities ETF (SMBS) has declared a monthly dividend of $0.1091 per share. The fund currently maintains a 30-day SEC yield of 5.06%, reflecting the ongoing income generation from its underlying mortgage-backed securities holdings. The distribution is scheduled to be paid on November 6, with an ex-dividend date of November 2. Shareholders must be recorded by November 2 to qualify for this payment. This announcement highlights the fund's consistent yield profile within the fixed-income sector.
Tickers: $SMBS
Topics: dividend declaration ETF mortgage-backed securities
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