FlexShares Ready Access Variable Income Fund (NYSEARCA:RAVI) declared a monthly dividend on Monday, June 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, June 4th will be given a dividend of 0.1732 per share on Friday, June 7th. This represents a $2.08 annualized dividend and a yield of 2.74%. The ex-dividend date is Monday, June 3rd. This is a positive change from FlexShares Ready Access Variable Income Fund’s previous monthly dividend of $0.17.
RAVI traded down $0.02 during midday trading on Wednesday, hitting $75.80. 24,102 shares of the company traded hands, compared to its average volume of 23,308. The stock’s 50 day moving average price is $75.65. FlexShares Ready Access Variable Income Fund has a 52-week low of $74.88 and a 52-week high of $77.67.
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