iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Raises Dividend to $0.17 Per Share

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) announced a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Investors of record on Tuesday, April 1st will be given a dividend of 0.1705 per share on Friday, April 4th. This represents a $2.05 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date of this dividend is Tuesday, April 1st. This is a 6.9% increase from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.16.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Down 0.3 %

iShares 0-5 Year Investment Grade Corporate Bond ETF stock traded down $0.14 on Tuesday, hitting $50.14. The company’s stock had a trading volume of 176,778 shares, compared to its average volume of 222,682. The company has a fifty day moving average price of $50.02 and a 200-day moving average price of $49.97. iShares 0-5 Year Investment Grade Corporate Bond ETF has a one year low of $48.70 and a one year high of $50.46.

About iShares 0-5 Year Investment Grade Corporate Bond ETF

The iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade, USD-denominated corporate bonds with 0-5 years remaining to maturity. SLQD was launched on Oct 15, 2013 and is managed by BlackRock.