FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) to Issue Dividend Increase - $0.20 Per Share

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR - Get Free Report) announced a monthly dividend on Thursday, December 18th. Stockholders of record on Friday, December 19th will be paid a dividend of 0.1978 per share on Friday, December 26th. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Friday, December 19th. This is a 8.3% increase from FlexShares Credit-Scored US Corporate Bond Index Fund's previous monthly dividend of $0.18.FlexShares Credit-Scored US Corporate Bond Index Fund Stock Down 0.3%SKOR traded down $0.14 during midday trading on Friday, hitting $49.03. The company's stock had a trading volume of 37,860 shares, compared to its average volume of 50,837. FlexShares Credit-Scored US Corporate Bond Index Fund has a 52-week low of $47.01 and a 52-week high of $49.51. The firm has a 50-day moving average price of $49.22 and a two-hundred day moving average price of $48.93. Institutional Inflows and OutflowsHedge funds have recently bought and sold shares of the business. Nations Financial Group Inc. IA ADV increased its position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 2.2% in the third quarter. Nations Financial Group Inc. IA ADV now owns 17,822 shares of the company's stock worth $878,000 after acquiring an additional 382 shares in the last quarter. Harbour Trust & Investment Management Co increased its holdings in FlexShares Credit-Scored US Corporate Bond Index Fund by 0.4% during the 2nd quarter. Harbour Trust & Investment Management Co now owns 307,919 shares of the company's stock worth $15,020,000 after purchasing an additional 1,316 shares during the last quarter. Advisors Preferred LLC purchased a new position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund during the 2nd quarter valued at approximately $163,000. Vantage Financial Partners LLC lifted its position in shares of FlexShares Credit-Scored US Corporate Bond Index Fund by 17.9% during the third quarter. Vantage Financial Partners LLC now owns 62,971 shares of the company's stock worth $3,101,000 after purchasing an additional 9,562 shares during the last quarter. Finally, Horizon Bancorp Inc. IN raised its stake in FlexShares Credit-Scored US Corporate Bond Index Fund by 7.3% during the third quarter. Horizon Bancorp Inc. IN now owns 170,967 shares of the company's stock valued at $8,420,000 after buying an additional 11,670 shares in the last quarter. FlexShares Credit-Scored US Corporate Bond Index Fund Company Profile (Get Free Report)The FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of intermediate-maturity, investment-grade corporate bonds that are selected and weighted by fundamental factors. SKOR was launched on Nov 12, 2014 and is managed by FlexShares.Featured StoriesFive stocks we like better than FlexShares Credit-Scored US Corporate Bond Index FundWhat is the NASDAQ Stock Exchange?Rocket Lab's Sharp Rebound: What's Behind the Recent MomentumHow Technical Indicators Can Help You Find Oversold Stocks Jabil Is Flying Under the Radar—But a 50% Surge May Be ComingQuiet Period Expirations ExplainedQualcomm’s Monster Rally Has a Catch—Can the Stock Keep Climbing?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in FlexShares Credit-Scored US Corporate Bond Index Fund Right Now?Before you consider FlexShares Credit-Scored US Corporate Bond Index Fund, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FlexShares Credit-Scored US Corporate Bond Index Fund wasn't on the list.While FlexShares Credit-Scored US Corporate Bond Index Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here