iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Announces Dividend Increase – $0.33 Per Share

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) declared a monthly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 1st will be paid a dividend of 0.332 per share by the exchange traded fund on Friday, September 4th. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Tuesday, September 1st. This is a 4.6% increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.7%

iShares 7-10 Year Treasury Bond ETF stock traded down $0.64 during midday trading on Tuesday, hitting $92.10. 8,029,190 shares of the stock were exchanged, compared to its average volume of 8,592,533. The stock has a market capitalization of $46.73 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock’s 50-day simple moving average is $93.47 and its 200 day simple moving average is $94.64. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.07 and a fifty-two week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Company Profile

iShares 7-10 Year Treasury Bond ETF (the Fund) is an is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States Treasury bonds with remaining maturities between seven and ten years. The Fund seeks to track the investment results of the Barclays U.S. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.