iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) to Issue Monthly Dividend of $0.20

iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIBGet Free Report) announced a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 1st will be given a dividend of 0.2004 per share on Friday, April 4th. This represents a $2.41 annualized dividend and a yield of 4.59%. The ex-dividend date of this dividend is Tuesday, April 1st. This is a 3.4% increase 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 Stock Performance

NASDAQ IGIB traded down $0.09 during mid-day trading on Tuesday, reaching $52.43. 5,433,164 shares of the stock were exchanged, compared to its average volume of 2,044,676. The business’s 50 day moving average is $52.09 and its 200-day moving average is $52.28. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1 year low of $49.91 and a 1 year high of $54.10.

About iShares 5-10 Year Investment Grade Corporate Bond ETF

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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.

Further Reading

Dividend History for iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

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