iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) to Issue Monthly Dividend of $0.19 on November 6th

iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) announced a monthly dividend on Thursday, October 31st, NASDAQ reports. Investors of record on Friday, November 1st will be paid a dividend of 0.1939 per share on Wednesday, November 6th. This represents a $2.33 dividend on an annualized basis and a yield of 4.49%. The ex-dividend date of this dividend is Friday, November 1st. This is a boost from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19.

iShares 5-10 Year Investment Grade Corporate Bond ETF Price Performance

Shares of NASDAQ:IGIB opened at $51.85 on Friday. The company’s fifty day moving average price is $53.19 and its 200-day moving average price is $52.07. iShares 5-10 Year Investment Grade Corporate Bond ETF has a one year low of $48.30 and a one year high of $54.10.

iShares 5-10 Year Investment Grade Corporate Bond ETF Company Profile

The iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) is an exchange-traded fund that is based on the ICE BofA US Corporate (5-10 Y) index. The fund tracks a market-value-weighted index of USD-denominated, investment grade corporate debt with maturities between 5-10 years. IGIB was launched on Jan 5, 2007 and is managed by BlackRock.