01SHYG goes ex-dividend on October 01, 2026, with a quarterly dividend of $0.2390 per share payable October 06, 2026.
02At the current stock price of $41.25, SHYG offers an annual dividend yield of 2.32%.
03The Financial Services company has a market capitalization of $7.8 billion.
04Stock price typically declines by approximately the dividend amount on the ex-date as the distribution is reflected in pricing.
05Recent monthly dividends have ranged from $0.2369 to $0.2469 per share over the past six months.
Dividend Details
SHYG (AMEX:SHYG) will go ex-dividend tomorrow, October 01, 2026.
Investors who purchase shares before the ex-dividend date will receive the upcoming quarterly dividend of $0.2390 per share. The dividend will be paid on October 06, 2026.
Market Overview
At the current stock price of $41.25, SHYG's dividend represents an annual yield of 2.32%. The Financial Services company has a market capitalization of $7.8B.
Investors who purchase SHYG shares before the ex-dividend date will receive the upcoming dividend payment. The stock price typically adjusts downward by approximately the dividend amount on the ex-date, reflecting the distribution. Long-term holders focused on total return generally view ex-dividend dates as routine, while income-focused investors may time purchases around these dates.
The 2.32% dividend yield positions SHYG as a moderate income option. Investors evaluating dividend stocks should consider not just the current yield but the growth rate of the dividend and the company's payout ratio to assess long-term income potential.