iShares USD Green Bond ETF (NASDAQ:BGRN) Declares Dividend Increase – $0.17 Per Share

iShares USD Green Bond ETF (NASDAQ:BGRN) declared a monthly dividend on Monday, August 31st. Shareholders of record on Tuesday, September 1st will be given a dividend of 0.1742 per share on Friday, September 4th. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date is Tuesday, September 1st. This is a 3.8% increase from iShares USD Green Bond ETF’s previous monthly dividend of $0.17.

iShares USD Green Bond ETF Stock Performance

Shares of NASDAQ BGRN traded down $0.26 during trading on Tuesday, reaching $46.58. The company had a trading volume of 32,627 shares, compared to its average volume of 29,986. iShares USD Green Bond ETF has a twelve month low of $46.56 and a twelve month high of $48.52. The stock has a 50-day moving average price of $47.06 and a two-hundred day moving average price of $47.40.

About iShares USD Green Bond ETF

The iShares USD Green Bond ETF (BGRN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated investment-grade government and corporate bonds linked to environmentally beneficial projects, as identified by MSCI. BGRN was launched on Nov 13, 2018 and is managed by BlackRock.