iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) to Issue Monthly Dividend of $0.16

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) announced a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 1st will be given a dividend of 0.162 per share on Friday, April 4th. This represents a $1.94 annualized dividend and a yield of 4.22%. The ex-dividend date of this dividend is Tuesday, April 1st. This is a 0.9% increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

iShares Core Total USD Bond Market ETF Stock Down 0.1 %

Shares of NASDAQ:IUSB traded down $0.04 on Tuesday, hitting $46.04. 2,029,926 shares of the company traded hands, compared to its average volume of 3,004,880. The company has a market cap of $32.75 billion, a PE ratio of 10.90 and a beta of 0.15. The stock has a 50 day simple moving average of $45.70 and a 200-day simple moving average of $45.85. iShares Core Total USD Bond Market ETF has a 52 week low of $44.21 and a 52 week high of $47.44.

About iShares Core Total USD Bond Market ETF

The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal index. The fund tracks a broad Barclays index of USD-denominated taxable bonds. The index is market value weighted. IUSB was launched on Jun 10, 2014 and is managed by BlackRock.