iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Increases Dividend to $0.29 Per Share

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) declared a monthly dividend on Wednesday, July 31st, NASDAQ reports. Shareholders of record on Thursday, August 1st will be given a dividend of 0.2891 per share by the exchange traded fund on Tuesday, August 6th. This represents a $3.47 annualized dividend and a dividend yield of 3.61%. The ex-dividend date is Thursday, August 1st. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1 %

Shares of NASDAQ:IEF traded up $0.12 during trading on Thursday, hitting $96.19. 10,490,983 shares of the company were exchanged, compared to its average volume of 7,630,814. The stock has a market cap of $29.70 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.86 and a fifty-two week high of $97.11. The firm has a fifty day moving average price of $94.00 and a two-hundred day moving average price of $93.82.

About iShares 7-10 Year Treasury Bond ETF

iShares 7-10 Year Treasury Bond ETF (the Fund) is an is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States Treasury bonds with remaining maturities between seven and ten years. The Fund seeks to track the investment results of the Barclays U.S.