iShares S&P/TSX 60 Index ETF (TSE:XIU) Declares Quarterly Dividend of $0.27

iShares S&P/TSX 60 Index ETF (TSE:XIU) announced a quarterly dividend on Tuesday, August 20th, Zacks reports. Investors of record on Tuesday, August 27th will be paid a dividend of 0.266 per share on Friday, August 30th. This represents a $1.06 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date of this dividend is Tuesday, August 27th. This is a positive change from iShares S&P/TSX 60 Index ETF’s previous quarterly dividend of $0.26.

iShares S&P/TSX 60 Index ETF Stock Up 1.0 %

Shares of TSE:XIU opened at C$35.42 on Monday. The company has a 50-day simple moving average of C$33.95 and a 200-day simple moving average of C$33.49. iShares S&P/TSX 60 Index ETF has a one year low of C$28.49 and a one year high of C$35.52.

iShares S&P/TSX 60 Index ETF Company Profile

iShares S&P/TSX 60 Index Fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX 60 Index through investments in the constituent issuers of such index, net of expenses. The Index is comprised of 60 of the largest (by market capitalization) and liquid securities listed on the Toronto Stock Exchange (TSX), selected by Standard & Poor’s (S&P) using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals.