US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Increases Dividend to $0.15 Per Share

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) announced a dividend on Wednesday, August 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, August 27th will be given a dividend of 0.1542 per share on Friday, August 28th. The ex-dividend date of this dividend is Thursday, August 27th. This is a 5.0% increase from US Treasury 3 Month Bill ETF’s previous dividend of $0.15.

US Treasury 3 Month Bill ETF Price Performance

NASDAQ:TBIL traded down $0.14 on Thursday, hitting $49.86. The company’s stock had a trading volume of 2,284,657 shares, compared to its average volume of 2,054,976. US Treasury 3 Month Bill ETF has a one year low of $49.84 and a one year high of $50.02. The stock has a fifty day moving average of $49.93 and a two-hundred day moving average of $49.92.

About US Treasury 3 Month Bill ETF

The US Treasury 3 Month Bill ETF (TBIL) is an exchange-traded fund that is based on the ICE BofA US Treasury Bill 3 Month index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-month US Treasury Bill. The fund is designed for those specifically required to track the 3-month tenor on the yield curve. TBIL was launched on Aug 9, 2022 and is managed by F/m Investments.