iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Announces Dividend Increase – $0.07 Per Share

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) declared a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Investors of record on Wednesday, April 1st will be given a dividend of 0.0667 per share on Tuesday, April 7th. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Wednesday, April 1st. This is a 8.5% increase from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.06.

iShares iBonds Dec 2031 Term Treasury ETF Price Performance

Shares of IBTL traded down $0.09 during trading hours on Wednesday, reaching $20.31. The company’s stock had a trading volume of 97,648 shares, compared to its average volume of 195,419. The company has a 50 day moving average of $20.52 and a two-hundred day moving average of $20.57. iShares iBonds Dec 2031 Term Treasury ETF has a 1-year low of $19.93 and a 1-year high of $20.81.

iShares iBonds Dec 2031 Term Treasury ETF Company Profile

The iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is an exchange-traded fund that is based on the ICE 2031 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2031. The fund will terminate in December 2031. IBTL was launched on Jul 13, 2021 and is managed by BlackRock.