iShares MSCI Min Vol USA Index ETF (TSE:XMU) Shares Will Pay Quarterly Dividend of $0.20

iShares MSCI Min Vol USA Index ETF (TSE:XMU) declared a quarterly dividend on Thursday, September 24th. Shareholders of record on Tuesday, September 29th will be given a dividend of $0.20 per share on Tuesday, September 29th. This represents a $0.80 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 24.5% decrease from iShares MSCI Min Vol USA Index ETF’s previous quarterly dividend of $0.2650.

iShares MSCI Min Vol USA Index ETF Stock Down 0.2%

Shares of iShares MSCI Min Vol USA Index ETF stock opened at C$93.26 on Friday. iShares MSCI Min Vol USA Index ETF has a 52-week low of C$84.97 and a 52-week high of C$94.90. The company has a fifty day moving average of C$93.15 and a 200-day moving average of C$90.08.

About iShares MSCI Min Vol USA Index ETF

The investment objective of the Fund is to provide long-term capital growth by replicating, to the extent possible, the performance of the MSCI USA Minimum Volatility Index (USD) (the Index), net of expenses. Under normal market conditions, the Fund will primarily invest in U.S. equity securities. The Index measures the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in the United States. The Index aims to reflect the performance characteristics of a minimum volatility strategy applied to the large- and mid-cap securities in the MSCI USA index.