iShares MSCI Min Vol USA Index ETF (TSE:XMU) Announces Quarterly Dividend of $0.27

iShares MSCI Min Vol USA Index ETF (TSE:XMU) announced a quarterly dividend on Thursday, June 25th, TickerTech Dividends reports. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.265 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, June 25th.

iShares MSCI Min Vol USA Index ETF Trading Down 0.2%

Shares of XMU opened at C$90.50 on Friday. iShares MSCI Min Vol USA Index ETF has a twelve month low of C$84.71 and a twelve month high of C$91.15. The business’s 50-day moving average price is C$88.26 and its 200-day moving average price is C$87.64.

iShares MSCI Min Vol USA Index ETF Company Profile

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.