iShares Preferred and Income Securities ETF (NASDAQ:PFF) Announces Monthly Dividend of $0.17

iShares Preferred and Income Securities ETF (NASDAQ:PFF) declared a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 1st will be paid a dividend of 0.1725 per share on Friday, April 4th. This represents a $2.07 dividend on an annualized basis and a dividend yield of 6.78%. The ex-dividend date is Tuesday, April 1st.

iShares Preferred and Income Securities ETF Trading Down 0.7 %

Shares of iShares Preferred and Income Securities ETF stock traded down $0.22 during trading on Tuesday, hitting $30.51. 4,296,696 shares of the stock were exchanged, compared to its average volume of 3,832,985. The company has a fifty day moving average price of $31.52 and a 200-day moving average price of $32.20. The stock has a market capitalization of $14.16 billion, a price-to-earnings ratio of 3.86 and a beta of 0.51. iShares Preferred and Income Securities ETF has a 1-year low of $30.42 and a 1-year high of $33.59.

About iShares Preferred and Income Securities ETF

iShares U.S. Preferred Stock ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results, which correspond to the price and yield performance, before fees and expenses, of the S&P U.S. Preferred Stock Index (the Underlying Index). The Underlying Index measures the performance of a select group of preferred stocks listed on the New York Stock Exchange (NYSE), NYSE Arca, Inc (NYSE Arca), NYSE Amex, NASDAQ Global Select Market, NASDAQ Select Market or NASDAQ Capital Market.