iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Raises Dividend to $0.07 Per Share

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) announced a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Investors of record on Wednesday, April 1st will be given a dividend of 0.0687 per share on Tuesday, April 7th. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Wednesday, April 1st. This is a 9.7% increase from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.06.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

IBTJ stock traded down $0.08 during midday trading on Wednesday, hitting $21.76. 216,445 shares of the stock were exchanged, compared to its average volume of 286,756. The stock’s 50-day moving average price is $21.93 and its 200-day moving average price is $21.95. iShares iBonds Dec 2029 Term Treasury ETF has a fifty-two week low of $21.53 and a fifty-two week high of $22.13.

iShares iBonds Dec 2029 Term Treasury ETF Company Profile

The iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) is an exchange-traded fund that is based on the ICE 2029 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2029. The fund will terminate in December 2029. IBTJ was launched on Feb 25, 2020 and is managed by BlackRock.