iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Raises Dividend to $0.16 Per Share

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) declared a monthly dividend on Thursday, October 31st, NASDAQ reports. Investors of record on Friday, November 1st will be paid a dividend of 0.1594 per share on Wednesday, November 6th. This represents a $1.91 annualized dividend and a yield of 4.00%. The ex-dividend date is Friday, November 1st. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.15.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.4 %

ISTB traded down $0.21 during trading hours on Friday, hitting $47.83. 285,095 shares of the company’s stock were exchanged, compared to its average volume of 393,180. The stock has a market cap of $4.06 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. The stock’s 50-day moving average is $48.39 and its two-hundred day moving average is $47.78. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $45.37 and a 1-year high of $48.75.

About iShares Core 1-5 Year USD Bond ETF

The iShares Core 1-5 Year USD Bond ETF (ISTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad USD-denominated bond index with 1-5 years remaining in maturities. ISTB was launched on Oct 18, 2012 and is managed by BlackRock.