iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Plans Monthly Dividend of $0.14

Posted by Renee Jackson on Apr 1st, 2025

iShares Fallen Angels USD Bond ETF (NASDAQ:FALN – Get Free Report) announced a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 1st will be paid a dividend of 0.1408 per share on Friday, April 4th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 6.33%. The ex-dividend date of this dividend is Tuesday, April 1st. This is a 2.7% increase from iShares Fallen Angels USD Bond ETF’s previous monthly dividend of $0.14.

iShares Fallen Angels USD Bond ETF Trading Down 0.4 %

FALN traded down $0.10 on Tuesday, reaching $26.69. The company’s stock had a trading volume of 1,020,879 shares, compared to its average volume of 759,095. iShares Fallen Angels USD Bond ETF has a 1 year low of $25.90 and a 1 year high of $27.43. The business’s 50 day moving average is $26.97 and its 200 day moving average is $27.01.

About iShares Fallen Angels USD Bond ETF

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The iShares Fallen Angels USD Bond ETF (FALN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value weighted index of bonds that were rated investment grade at issuance, but later downgraded to sub-investment grade. FALN was launched on Jun 14, 2016 and is managed by BlackRock.