iShares Preferred and Income Securities ETF (NASDAQ:PFF) Declares $0.07 Monthly Dividend

iShares Preferred and Income Securities ETF (NASDAQ:PFF) declared a monthly dividend on Thursday, December 18th. Investors of record on Friday, December 19th will be given a dividend of 0.0659 per share on Wednesday, December 24th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Friday, December 19th.

iShares Preferred and Income Securities ETF Trading Down 0.1%

Shares of NASDAQ:PFF traded down $0.03 on Friday, reaching $31.13. 598,708 shares of the company’s stock were exchanged, compared to its average volume of 3,538,948. iShares Preferred and Income Securities ETF has a twelve month low of $28.70 and a twelve month high of $32.28. The company has a fifty day moving average of $31.07 and a 200-day moving average of $31.16. The company has a market capitalization of $14.45 billion, a price-to-earnings ratio of 3.71 and a beta of 0.53.

About iShares Preferred and Income Securities ETF

iShares U.S. Preferred Stock ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results, which correspond to the price and yield performance, before fees and expenses, of the S&P U.S. Preferred Stock Index (the Underlying Index). The Underlying Index measures the performance of a select group of preferred stocks listed on the New York Stock Exchange (NYSE), NYSE Arca, Inc (NYSE Arca), NYSE Amex, NASDAQ Global Select Market, NASDAQ Select Market or NASDAQ Capital Market.