iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Plans Dividend Increase – $0.17 Per Share

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) announced a monthly dividend on Thursday, December 18th. Shareholders of record on Friday, December 19th will be paid a dividend of 0.1699 per share on Wednesday, December 24th. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date is Friday, December 19th. This is a 0.4% increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB stock opened at $48.87 on Friday. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $47.57 and a fifty-two week high of $48.99. The business’s 50 day moving average price is $48.82 and its two-hundred day moving average price is $48.66. The company has a market capitalization of $4.64 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Company Profile

The iShares Core 1-5 Year USD Bond ETF (ISTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad USD-denominated bond index with 1-5 years remaining in maturities. ISTB was launched on Oct 18, 2012 and is managed by BlackRock.