iShares International Developed Real Estate ETF (NASDAQ:IFGL) Shares Up 0.2% – Here’s Why

iShares International Developed Real Estate ETF (NASDAQ:IFGL) rose 0.2% during trading on Tuesday. The stock traded as high as $20.49 and last traded at $20.39. 10,900 shares traded hands during mid-day trading, a decline of 15% from the average daily volume of 12,753 shares. The stock had previously closed at $20.35.

iShares International Developed Real Estate ETF Trading Up 0.2%

The stock has a fifty day simple moving average of $22.11 and a two-hundred day simple moving average of $22.61. The firm has a market cap of $75.44 million, a PE ratio of 20.34 and a beta of 0.79.

iShares International Developed Real Estate ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a dividend of $0.2020 per share. This is a decrease from iShares International Developed Real Estate ETF’s previous quarterly dividend of $0.3198. This represents a $0.81 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Tuesday, September 15th.

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.