iShares GNMA Bond ETF (NASDAQ:GNMA) Plans Monthly Dividend of $0.17

iShares GNMA Bond ETF (NASDAQ:GNMA) announced a monthly dividend on Wednesday, September 30th. Stockholders of record on Thursday, October 1st will be paid a dividend of $0.1662 per share on Tuesday, October 6th. This represents a $1.99 annualized dividend and a dividend yield of 4.8%. The ex-dividend date is Thursday, October 1st. This is a 5.0% increase from iShares GNMA Bond ETF’s previous monthly dividend of $0.1582.

iShares GNMA Bond ETF Stock Performance

GNMA stock opened at $41.86 on Thursday. The business has a fifty day simple moving average of $43.22 and a 200-day simple moving average of $43.84. iShares GNMA Bond ETF has a 52 week low of $41.31 and a 52 week high of $45.49.

About iShares GNMA Bond ETF

The iShares GNMA Bond ETF (GNMA) is an exchange-traded fund that is based on the Bloomberg U.S. GNMA Bond index. The fund tracks a market-value-weighted index of US mortgage pass-through securities issued by Government National Mortgage Association (GNMA), with 30- or 15-year maturities. GNMA was launched on Feb 14, 2012 and is managed by BlackRock.