iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) Raises Dividend to $0.21 Per Share

iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) announced a dividend on Friday, June 28th, NASDAQ reports. Stockholders of record on Monday, July 1st will be given a dividend of 0.2078 per share on Friday, July 5th. The ex-dividend date of this dividend is Monday, July 1st. This is a boost from iShares Broad USD High Yield Corporate Bond ETF’s previous dividend of $0.20.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

Shares of BATS USHY traded down $0.06 during trading hours on Friday, hitting $36.28. 6,347,510 shares of the stock were exchanged. The firm’s 50 day simple moving average is $36.22 and its two-hundred day simple moving average is $36.26. The firm has a market capitalization of $11.11 billion, a P/E ratio of 17.02 and a beta of 0.34.

iShares Broad USD High Yield Corporate Bond ETF Company Profile

The iShares Broad USD High Yield Corporate Bond ETF (USHY) is an exchange-traded fund that is based on the ICE BofA US High Yield Constrained index. The fund tracks a market value-weighted index of USD-denominated high yield corporate debt with broad maturities. USHY was launched on Oct 25, 2017 and is managed by BlackRock.