iShares International Developed Real Estate ETF (NASDAQ:IFGL) Shares Down 0.5% – Time to Sell?

Shares of iShares International Developed Real Estate ETF (NASDAQ:IFGL) fell 0.5% during trading on Monday . The company traded as low as $22.90 and last traded at $22.97. Approximately 8,213 shares traded hands during trading, a decline of 33% from the average session volume of 12,214 shares. The stock had previously closed at $23.09.

iShares International Developed Real Estate ETF Price Performance

The company has a market capitalization of $82.69 million, a price-to-earnings ratio of 20.34 and a beta of 0.80. The firm’s 50-day simple moving average is $22.60 and its two-hundred day simple moving average is $23.37.

iShares International Developed Real Estate ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.3198 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 5.6%. This is an increase from iShares International Developed Real Estate ETF’s previous quarterly dividend of $0.12.

iShares International Developed Real Estate ETF Company Profile

The iShares International Developed Real Estate ETF (IFGL) is an exchange-traded fund that is based on the FTSE EPRA Nareit Developed x US index, a market-cap-weighted index of companies that own or develop real estate throughout the developed world, excluding the United States. IFGL was launched on Nov 12, 2007 and is managed by BlackRock.