iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Plans Dividend Increase – $0.19 Per Share

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) announced a monthly dividend on Wednesday, September 30th. Investors of record on Thursday, October 1st will be paid a dividend of $0.1891 per share on Tuesday, October 6th. This represents a $2.27 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Thursday, October 1st. This is a 1.4% increase from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.1864.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Up 0.0%

NASDAQ:SLQD opened at $49.48 on Thursday. The firm’s fifty day simple moving average is $49.95 and its 200 day simple moving average is $50.19. iShares 0-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $49.40 and a twelve month high of $50.99.

About iShares 0-5 Year Investment Grade Corporate Bond ETF

The iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade, USD-denominated corporate bonds with 0-5 years remaining to maturity. SLQD was launched on Oct 15, 2013 and is managed by BlackRock.