iShares Short-Term California Muni Active ETF (NASDAQ:CALI) Raises Dividend to $0.10 Per Share

iShares Short-Term California Muni Active ETF (NASDAQ:CALI) announced a monthly dividend on Wednesday, September 30th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.1043 per share on Tuesday, October 6th. This represents a $1.25 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, October 1st. This is a 3.9% increase from iShares Short-Term California Muni Active ETF’s previous monthly dividend of $0.1003.

iShares Short-Term California Muni Active ETF Stock Up 0.2%

NASDAQ CALI opened at $49.81 on Thursday. The company has a 50-day simple moving average of $50.25 and a two-hundred day simple moving average of $50.37. iShares Short-Term California Muni Active ETF has a 12-month low of $49.66 and a 12-month high of $51.39. The firm has a market cap of $537.95 million, a price-to-earnings ratio of -149.58 and a beta of 0.05.

iShares Short-Term California Muni Active ETF Company Profile

The iShares Short-Term California Muni Active ETF (CALI) is an exchange-traded fund that mostly invests in investment grade fixed income. CALY is an actively managed fund that primarily invests in municipal securities exempt from federal income taxes. It will hold short-term, investment grade Muni bonds issued in California while aiming for an effective portfolio duration equal to or less than 1.5 years. CALI was launched on Jul 11, 2023 and is issued by BlackRock.