iShares GNMA Bond ETF (NASDAQ:GNMA) Announces Dividend Increase – $0.15 Per Share

iShares GNMA Bond ETF (NASDAQ:GNMA) declared a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Investors of record on Tuesday, April 1st will be given a dividend of 0.1532 per share on Friday, April 4th. This represents a $1.84 annualized dividend and a yield of 4.19%. The ex-dividend date of this dividend is Tuesday, April 1st. This is a 3.0% increase from iShares GNMA Bond ETF’s previous monthly dividend of $0.15.

iShares GNMA Bond ETF Stock Performance

GNMA stock opened at $43.84 on Wednesday. The firm has a 50 day simple moving average of $43.46 and a 200 day simple moving average of $43.56. iShares GNMA Bond ETF has a 52 week low of $41.91 and a 52 week high of $45.69.

About iShares GNMA Bond ETF

The iShares GNMA Bond ETF (GNMA) is an exchange-traded fund that is based on the Bloomberg U.S. GNMA Bond index. The fund tracks a market-value-weighted index of US mortgage pass-through securities issued by Government National Mortgage Association (GNMA), with 30- or 15-year maturities. GNMA was launched on Feb 14, 2012 and is managed by BlackRock.