iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) Raises Dividend to $0.08 Per Share

iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) declared a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 1st will be given a dividend of 0.0838 per share on Tuesday, April 7th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Wednesday, April 1st. This is a 5.0% increase from iShares iBonds Dec 2035 Term Treasury ETF’s previous monthly dividend of $0.08.

iShares iBonds Dec 2035 Term Treasury ETF Stock Down 0.4%

Shares of NASDAQ:IBTQ traded down $0.11 during mid-day trading on Wednesday, hitting $25.19. 75,721 shares of the company traded hands, compared to its average volume of 55,344. The stock has a 50-day moving average price of $25.49 and a two-hundred day moving average price of $25.56. iShares iBonds Dec 2035 Term Treasury ETF has a 12-month low of $24.56 and a 12-month high of $26.00.

About iShares iBonds Dec 2035 Term Treasury ETF

iShares Trust – iShares iBonds Dec 2035 Term Treasury ETF is an exchange traded fund launched by BlackRock, Inc The fund is managed by BlackRock Fund Advisors. It invests in fixed income markets of the United States. The fund invests in in U.S. treasury bonds that have a fixed coupon schedule and are denominated in U.S. dollars. It invests in bonds that will mature between January 1, 2035 and December 15, 2035. The fund seeks to track the performance of the ICE 2035 Maturity US Treasury Index, by using representative sampling technique.