iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) to Issue Dividend Increase – $0.12 Per Share

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) declared a dividend on Friday, February 28th, NASDAQ Dividends reports. Shareholders of record on Monday, March 3rd will be paid a dividend of 0.1233 per share on Thursday, March 6th. The ex-dividend date is Monday, March 3rd. This is a positive change from iShares iBonds 2027 Term High Yield and Income ETF’s previous dividend of $0.12.

iShares iBonds 2027 Term High Yield and Income ETF Trading Up 1.1 %

BATS:IBHG traded up $0.25 during trading hours on Friday, reaching $22.55. 189,764 shares of the company traded hands. The firm has a 50-day moving average price of $22.38 and a 200-day moving average price of $22.40.

iShares iBonds 2027 Term High Yield and Income ETF Company Profile

The iShares iBonds 2027 Term High Yield and Income ETF (IBHG) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2027. The fund will terminate in December 2027.