Fidelity Corporate Bond ETF Announces Monthly Distribution
Fidelity's Corporate Bond ETF will distribute $0.1790 to shareholders this April.
Fidelity Corporate Bond ETF (FCOR) has declared a monthly distribution of $0.1790 per share. This announcement comes as the ETF reports a 30-day SEC yield of 4.86% as of March 26.
The distribution is set to be payable on April 1, with shareholders of record on March 30. Additionally, the ex-dividend date is also March 30, meaning investors must own shares before this date to receive the upcoming payment.
This monthly distribution reflects Fidelity's commitment to providing consistent returns to its investors. The ETF focuses on corporate bonds, which can be an attractive option for those seeking income in a diversified portfolio.
For more details, visit the original report on Seeking Alpha: https://seekingalpha.com/news/4570346-fidelity-corporate-bond-etf-declares-monthly-distribution-of-01790?feed_item_type=news.