iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) Announces Monthly Dividend of $0.19

iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) announced a monthly dividend on Thursday, October 31st, NASDAQ reports. Investors of record on Friday, November 1st will be paid a dividend of 0.1913 per share on Wednesday, November 6th. This represents a $2.30 annualized dividend and a yield of 4.53%. The ex-dividend date is Friday, November 1st. This is an increase from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

USIG stock traded down $0.38 during trading on Friday, hitting $50.72. The company had a trading volume of 681,603 shares, compared to its average volume of 1,055,450. The company has a fifty day moving average price of $52.06 and a two-hundred day moving average price of $51.01. iShares Broad USD Investment Grade Corporate Bond ETF has a fifty-two week low of $47.65 and a fifty-two week high of $52.94.

iShares Broad USD Investment Grade Corporate Bond ETF Company Profile

The iShares Broad USD Investment Grade Corporate Bond ETF (USIG) is an exchange-traded fund that is based on the ICE BofA US Corporate index. The fund tracks a market-value-weighted index of USD-denominated, investment-grade corporate debt. USIG was launched on Jan 5, 2007 and is managed by BlackRock.