First Trust Managed Municipal ETF (NASDAQ:FMB) announced a monthly dividend on Friday, December 22nd, Wall Street Journal reports. Shareholders of record on Friday, December 22nd will be paid a dividend of 0.1125 per share on Friday, December 29th. This represents a $1.35 dividend on an annualized basis and a yield of 2.54%. The ex-dividend date is Thursday, December 21st.

First Trust Managed Municipal ETF (NASDAQ:FMB) traded down $0.01 on Friday, reaching $53.17. 98,300 shares of the company’s stock were exchanged, compared to its average volume of 31,521. First Trust Managed Municipal ETF has a 1 year low of $50.75 and a 1 year high of $54.43.

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