iShares U.S. Home Construction ETF (BATS:ITB) declared a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Shareholders of record on Thursday, March 26th will be paid a dividend of 0.0772 per share by the exchange traded fund on Tuesday, March 31st. This represents a $0.31 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date of this dividend is Wednesday, March 25th. This is an increase from iShares U.S. Home Construction ETF’s previous quarterly dividend of $0.06.
Shares of ITB opened at $30.61 on Thursday. The business’s 50 day moving average is $41.96 and its two-hundred day moving average is $44.07. iShares U.S. Home Construction ETF has a 52-week low of $31.19 and a 52-week high of $46.56.
About iShares U.S. Home Construction ETF
iShares U.S. Home Construction ETF, formerly iShares Dow Jones U.S. Home Construction Index Fund, seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Home Construction Index (the Index). The Index measures the performance of the home construction sector of the United States equity market, and includes companies that are constructors of residential homes, including manufacturers of mobile and prefabricated homes.
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