SPDR Bloomberg Barclays 1-10 Year TIPS (TIPX) Plans $0.10 Monthly Dividend

SPDR Bloomberg Barclays 1-10 Year TIPS (NYSEARCA:TIPX) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Monday, December 4th will be given a dividend of 0.0988 per share on Monday, December 11th. This represents a $1.19 annualized dividend and a dividend yield of 6.11%. The ex-dividend date is Friday, December 1st.

SPDR Bloomberg Barclays 1-10 Year TIPS (NYSEARCA:TIPX) traded down $0.08 on Monday, hitting $19.39. 74,000 shares of the stock traded hands, compared to its average volume of 25,587. SPDR Bloomberg Barclays 1-10 Year TIPS has a 12-month low of $18.41 and a 12-month high of $20.17.

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