iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) to Issue Monthly Dividend of $0.22 on September 4th

iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) announced a monthly dividend on Monday, August 31st. Investors of record on Tuesday, September 1st will be paid a dividend of 0.2219 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date is Tuesday, September 1st. This is a 0.9% increase from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.22.

iShares 5-10 Year Investment Grade Corporate Bond ETF Price Performance

IGIB stock opened at $51.73 on Wednesday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 52-week low of $51.71 and a 52-week high of $54.58. The company’s 50-day simple moving average is $52.50 and its 200-day simple moving average is $53.06.

iShares 5-10 Year Investment Grade Corporate Bond ETF Company Profile

The iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) is an exchange-traded fund that is based on the ICE BofA US Corporate (5-10 Y) index. The fund tracks a market-value-weighted index of USD-denominated, investment grade corporate debt with maturities between 5-10 years. IGIB was launched on Jan 5, 2007 and is managed by BlackRock.