iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) Plans Dividend Increase – $0.13 Per Share

iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) declared a dividend on Thursday, March 28th, NASDAQ reports. Shareholders of record on Tuesday, April 2nd will be paid a dividend of 0.1333 per share on Friday, April 5th. The ex-dividend date is Monday, April 1st. This is a positive change from iShares iBonds 2029 Term High Yield and Income ETF’s previous dividend of $0.13.

iShares iBonds 2029 Term High Yield and Income ETF Stock Performance

IBHI remained flat at $23.37 during midday trading on Friday. 12,554 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $23.16 and a two-hundred day moving average of $22.58.

About iShares iBonds 2029 Term High Yield and Income ETF

The iShares iBonds 2029 Term High Yield and Income ETF (IBHI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2029. The fund will terminate in December 2029.