iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Announces Dividend Increase – $0.33 Per Share

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) announced a monthly dividend on Tuesday, December 17th,NASDAQ Dividends reports. Investors of record on Wednesday, December 18th will be paid a dividend of 0.3303 per share on Monday, December 23rd. This represents a $3.96 annualized dividend and a dividend yield of 3.44%. The ex-dividend date of this dividend is Wednesday, December 18th. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.9 %

IEI stock traded down $0.99 during midday trading on Wednesday, reaching $115.21. The stock had a trading volume of 1,627,347 shares, compared to its average volume of 1,546,030. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $113.16 and a 52-week high of $120.33. The company’s fifty day simple moving average is $116.75 and its 200 day simple moving average is $117.30.

About iShares 3-7 Year Treasury Bond ETF

iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index).