iShares Trust (NASDAQ:IUSB) declared a monthly dividend on Friday, March 2nd, Wall Street Journal reports. Investors of record on Friday, March 2nd will be paid a dividend of 0.1195 per share on Wednesday, March 7th. This represents a $1.43 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date of this dividend is Thursday, March 1st. This is a positive change from iShares Trust’s previous monthly dividend of $0.12.

Shares of iShares Trust (IUSB) traded down $0.11 during mid-day trading on Friday, hitting $49.62. 77,165 shares of the company were exchanged, compared to its average volume of 227,435. iShares Trust has a 52-week low of $49.51 and a 52-week high of $51.49.

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