iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Stock to Pay Monthly Dividend of $0.22

iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) announced a monthly dividend on Wednesday, September 30th. Stockholders of record on Thursday, October 1st will be given a dividend of $0.2206 per share on Tuesday, October 6th. This represents a $2.65 annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend is Thursday, October 1st. This is a 0.6% decrease from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.2219.

iShares 5-10 Year Investment Grade Corporate Bond ETF Stock Performance

Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF stock opened at $50.34 on Thursday. The company’s fifty day simple moving average is $51.83 and its 200-day simple moving average is $52.63. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1 year low of $50.28 and a 1 year high of $54.58.

iShares 5-10 Year Investment Grade Corporate Bond ETF Company Profile

The iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) is an exchange-traded fund that is based on the ICE BofA US Corporate (5-10 Y) index. The fund tracks a market-value-weighted index of USD-denominated, investment grade corporate debt with maturities between 5-10 years. IGIB was launched on Jan 5, 2007 and is managed by BlackRock.