iShares S&P/TSX 60 Index ETF (TSE:XIU) Reaches New 12-Month High at $33.99

iShares S&P/TSX 60 Index ETF (TSE:XIU) reached a new 52-week high during trading on Tuesday . The stock traded as high as C$33.99 and last traded at C$33.98, with a volume of 1522578 shares trading hands. The stock had previously closed at C$33.86.

iShares S&P/TSX 60 Index ETF Price Performance

The company has a 50 day simple moving average of C$33.28 and a 200 day simple moving average of C$31.99.

iShares S&P/TSX 60 Index ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 29th. Stockholders of record on Monday, February 26th were paid a dividend of $0.254 per share. The ex-dividend date was Friday, February 23rd. This represents a $1.02 dividend on an annualized basis and a dividend yield of 3.00%. This is a boost from iShares S&P/TSX 60 Index ETF’s previous quarterly dividend of $0.25.

About iShares S&P/TSX 60 Index ETF

iShares S&P/TSX 60 Index Fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX 60 Index through investments in the constituent issuers of such index, net of expenses. The Index is comprised of 60 of the largest (by market capitalization) and liquid securities listed on the Toronto Stock Exchange (TSX), selected by Standard & Poor’s (S&P) using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals.