iShares FTSE/Xinhua China 25 Index (FXI) Plans Dividend Increase – $0.89 Per Share
iShares FTSE/Xinhua China 25 Index (NYSEARCA:FXI) declared a semiannual dividend on Friday, December 22nd, Wall Street Journal reports. Investors of record on Friday, December 22nd will be paid a dividend of 0.8918 per share by the exchange traded fund on Thursday, December 28th. This represents a dividend yield of 1.85%. The ex-dividend date is Thursday, December 21st. This is a positive change from iShares FTSE/Xinhua China 25 Index’s previous semiannual dividend of $0.18.
Shares of iShares FTSE/Xinhua China 25 Index (FXI) traded up $0.27 on Friday, hitting $45.98. 2,710,000 shares of the company traded hands. The stock has a market capitalization of $3,610.00 and a P/E ratio of -43.38. iShares FTSE/Xinhua China 25 Index has a fifty-two week low of $33.91 and a fifty-two week high of $48.36.
A hedge fund recently bought a new stake in iShares FTSE/Xinhua China 25 Index stock. Northern Trust Corp purchased a new position in shares of iShares FTSE/Xinhua China 25 Index (NYSEARCA:FXI) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,440 shares of the exchange traded fund’s stock, valued at approximately $256,000.
About iShares FTSE/Xinhua China 25 Index
iShares China Large-Cap ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE China 25 Index (the Underlying Index). The Fund’s portfolio of sectors include Financials, Telecommunication, Oil & gas, Technology and Consumer goods.
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