iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Declares Dividend Increase – $0.33 Per Share

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) announced a monthly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 1st will be paid a dividend of 0.332 per share by the exchange traded fund on Friday, September 4th. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a 4.6% increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.7%

IEF traded down $0.64 during trading hours on Tuesday, hitting $92.10. 8,029,190 shares of the company’s stock were exchanged, compared to its average volume of 8,592,533. The firm has a market cap of $46.73 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.07 and a 12-month high of $98.04. The firm has a 50 day moving average of $93.47 and a 200 day moving average of $94.64.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.