iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) Announces Dividend Increase – $0.21 Per Share

iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) announced a dividend on Friday, June 28th, NASDAQ reports. Stockholders of record on Monday, July 1st will be paid a dividend of 0.2078 per share on Friday, July 5th. The ex-dividend date of this dividend is Monday, July 1st. This is a positive change from iShares Broad USD High Yield Corporate Bond ETF’s previous dividend of $0.20.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

Shares of BATS:USHY traded down $0.06 during trading on Friday, reaching $36.28. 6,347,510 shares of the stock were exchanged. The firm has a market capitalization of $11.11 billion, a price-to-earnings ratio of 17.02 and a beta of 0.34. The company has a 50-day moving average price of $36.22 and a 200-day moving average price of $36.26.

iShares Broad USD High Yield Corporate Bond ETF Company Profile

The iShares Broad USD High Yield Corporate Bond ETF (USHY) is an exchange-traded fund that is based on the ICE BofA US High Yield Constrained index. The fund tracks a market value-weighted index of USD-denominated high yield corporate debt with broad maturities. USHY was launched on Oct 25, 2017 and is managed by BlackRock.