iShares U.S. Insurance ETF (NYSEARCA:IAK) announced a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Shareholders of record on Thursday, March 26th will be given a dividend of 0.5062 per share on Tuesday, March 31st. This represents a $2.02 annualized dividend and a yield of 4.20%. The ex-dividend date is Wednesday, March 25th. This is a positive change from iShares U.S. Insurance ETF’s previous quarterly dividend of $0.31.
iShares U.S. Insurance ETF stock traded up $0.58 during mid-day trading on Thursday, hitting $48.18. 10 shares of the company were exchanged, compared to its average volume of 9,172. The business has a fifty day moving average of $63.59 and a 200 day moving average of $69.19. iShares U.S. Insurance ETF has a 1-year low of $40.27 and a 1-year high of $75.83.
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