iShares US Telecommunications ETF (BATS:IYZ) declared a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Shareholders of record on Thursday, March 26th will be given a dividend of 0.2262 per share by the exchange traded fund on Tuesday, March 31st. This represents a $0.90 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date of this dividend is Wednesday, March 25th. This is a positive change from iShares US Telecommunications ETF’s previous quarterly dividend of $0.21.
BATS:IYZ traded up $0.85 during mid-day trading on Thursday, hitting $24.71. 69,800 shares of the stock traded hands. The business’s 50-day moving average price is $28.04 and its 200 day moving average price is $29.18. iShares US Telecommunications ETF has a 12-month low of $26.56 and a 12-month high of $34.77.
About iShares US Telecommunications ETF
iShares U.S. Telecommunications ETF (the Fund), formerly iShares Dow Jones U.S. Telecommunications Sector Index Fund, is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Select Telecommunications Index (the Index).
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