Schwab Strategic Trust (NYSEARCA:SCHZ) announced a monthly dividend on Monday, April 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, April 3rd will be paid a dividend of 0.1172 per share on Friday, April 6th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date is Monday, April 2nd. This is a positive change from Schwab Strategic Trust’s previous monthly dividend of $0.11.
Shares of NYSEARCA:SCHZ traded down $0.04 during midday trading on Monday, reaching $50.98. The company’s stock had a trading volume of 350,106 shares, compared to its average volume of 520,252. Schwab Strategic Trust has a fifty-two week low of $50.59 and a fifty-two week high of $52.82.
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