iShares USD Green Bond ETF (NASDAQ:BGRN) to Issue Monthly Dividend of $0.16

iShares USD Green Bond ETF (NASDAQ:BGRN) declared a monthly dividend on Wednesday, July 31st, NASDAQ reports. Investors of record on Thursday, August 1st will be paid a dividend of 0.1637 per share on Tuesday, August 6th. This represents a $1.96 dividend on an annualized basis and a yield of 4.16%. The ex-dividend date of this dividend is Thursday, August 1st. This is a boost from iShares USD Green Bond ETF’s previous monthly dividend of $0.15.

iShares USD Green Bond ETF Stock Up 0.2 %

iShares USD Green Bond ETF stock traded up $0.09 during midday trading on Thursday, reaching $47.26. 10,322 shares of the company traded hands, compared to its average volume of 23,567. The business has a 50 day moving average of $46.74 and a two-hundred day moving average of $46.61. iShares USD Green Bond ETF has a 12 month low of $44.18 and a 12 month high of $47.49.

About iShares USD Green Bond ETF

The iShares USD Green Bond ETF (BGRN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated investment-grade government and corporate bonds linked to environmentally beneficial projects, as identified by MSCI.