iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM) Plans Dividend Increase – $0.05 Per Share

iShares iBonds Dec 2024 Term Muni Bond ETF (BATS:IBMM) declared a dividend on Friday, June 28th, NASDAQ reports. Stockholders of record on Monday, July 1st will be given a dividend of 0.0466 per share on Friday, July 5th. The ex-dividend date of this dividend is Monday, July 1st. This is a boost from iShares iBonds Dec 2024 Term Muni Bond ETF’s previous dividend of $0.04.

iShares iBonds Dec 2024 Term Muni Bond ETF Price Performance

Shares of IBMM stock remained flat at $26.05 during trading hours on Friday. 41,202 shares of the stock traded hands. The company has a 50-day simple moving average of $25.99 and a 200-day simple moving average of $25.95.

iShares iBonds Dec 2024 Term Muni Bond ETF Company Profile

The iShares iBonds Dec 2024 Term Muni Bond ETF (IBMM) is an exchange-traded fund that is based on the S&P AMT-Free Municipal Series 2024 index. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature between January 1 and December 2, 2024. IBMM was launched on Mar 20, 2018 and is managed by BlackRock.