iShares iBoxx $ High Yid Corp Bond (NYSE:HYG) to Issue $0.37 Monthly Dividend
iShares iBoxx $ High Yid Corp Bond (NYSE:HYG) announced a monthly dividend on Tuesday, August 1st, Wall Street Journal reports. Investors of record on Thursday, August 3rd will be given a dividend of 0.3677 per share by the exchange traded fund on Monday, August 7th. This represents a $4.41 dividend on an annualized basis and a dividend yield of 5.05%. The ex-dividend date is Tuesday, August 1st.
iShares iBoxx $ High Yid Corp Bond has decreased its dividend payment by an average of 7.2% annually over the last three years.
iShares iBoxx $ High Yid Corp Bond (NYSE HYG) traded up 0.17% during midday trading on Friday, hitting $87.33. 17,434,265 shares of the company were exchanged. The firm’s 50-day moving average price is $88.31 and its 200-day moving average price is $87.86. iShares iBoxx $ High Yid Corp Bond has a one year low of $83.24 and a one year high of $89.04.
TRADEMARK VIOLATION WARNING: “iShares iBoxx $ High Yid Corp Bond (NYSE:HYG) to Issue $0.37 Monthly Dividend” was first reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The original version of this piece of content can be accessed at https://theolympiareport.com/2017/08/12/ishares-iboxx-high-yid-corp-bond-to-issue-monthly-dividend-of-0-37-nysehyg-updated.html.
About iShares iBoxx $ High Yid Corp Bond
iShares iBoxx $ High Yield Corporate Bond ETF (the Fund), formerly iShares iBoxx $ High Yield Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid High Yield Index (the Index), which is a rules-based index consisting of liquid the United States dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider.
Receive News & Ratings for iShares iBoxx $ High Yid Corp Bond Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBoxx $ High Yid Corp Bond and related companies with Analyst Ratings Network's FREE daily email newsletter.