iShares International Developed Real Estate ETF (NASDAQ:IFGL) Trading Down 0.4% – What’s Next?

iShares International Developed Real Estate ETF (NASDAQ:IFGL)’s share price fell 0.4% during mid-day trading on Monday . The company traded as low as $21.84 and last traded at $22.07. 11,958 shares changed hands during mid-day trading, a decline of 5% from the average daily volume of 12,569 shares. The stock had previously closed at $22.15.

iShares International Developed Real Estate ETF Stock Performance

The company’s 50-day moving average is $23.14 and its 200-day moving average is $23.46. The firm has a market cap of $81.66 million, a price-to-earnings ratio of 20.34 and a beta of 0.80.

iShares International Developed Real Estate ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a dividend of $0.3198 per share. This represents a $1.28 annualized dividend and a dividend yield of 5.8%. This is an increase from iShares International Developed Real Estate ETF’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Monday, June 15th.

iShares International Developed Real Estate ETF Company Profile

The iShares International Developed Real Estate ETF (IFGL) is an exchange-traded fund that is based on the FTSE EPRA Nareit Developed x US index, a market-cap-weighted index of companies that own or develop real estate throughout the developed world, excluding the United States. IFGL was launched on Nov 12, 2007 and is managed by BlackRock.