iShares Transition-Enabling Metals ETF (NASDAQ:TMET) Plans $4.20 Annual Dividend

iShares Transition-Enabling Metals ETF (NASDAQ:TMET) declared an annual dividend on Monday, December 15th, NASDAQ Dividends reports. Shareholders of record on Tuesday, December 16th will be given a dividend of 4.2023 per share on Friday, December 19th. This represents a yield of 1,592.0%. The ex-dividend date is Tuesday, December 16th.

iShares Transition-Enabling Metals ETF Stock Down 13.9%

NASDAQ:TMET traded down $4.27 on Tuesday, reaching $26.40. The company’s stock had a trading volume of 12,209 shares, compared to its average volume of 1,179. iShares Transition-Enabling Metals ETF has a 1-year low of $20.90 and a 1-year high of $31.07. The business’s 50-day moving average price is $28.41 and its two-hundred day moving average price is $26.14.

About iShares Transition-Enabling Metals ETF

The iShares Transition-Enabling Metals ETF (TMET) is an exchange-traded fund that is based on the ICE Clean Energy Transition Metals index. The fund tracks an index that measures the performance of a basket of exchange-traded metals futures contracts. The metals selected are those considered essential to clean energy technologies in supporting the transition to a low-carbon economy.