iShares NASDAQ Biotechnology Index (NASDAQ:IBB) declared a quarterly dividend on Thursday, December 21st, Zacks reports. Shareholders of record on Friday, December 22nd will be paid a dividend of 0.125 per share by the financial services provider on Thursday, December 28th. This represents a $0.50 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date of this dividend is Thursday, December 21st. This is an increase from iShares NASDAQ Biotechnology Index’s previous quarterly dividend of $0.04.
Shares of iShares NASDAQ Biotechnology Index (NASDAQ:IBB) traded up $0.75 during mid-day trading on Friday, reaching $111.98. The company’s stock had a trading volume of 2,198,832 shares, compared to its average volume of 1,937,949. iShares NASDAQ Biotechnology Index has a 52 week low of $88.96 and a 52 week high of $114.17.
iShares NASDAQ Biotechnology Index Company Profile
iShares Nasdaq Biotechnology ETF (the Fund), formerly iShares Nasdaq Biotechnology Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the NASDAQ Biotechnology Index (the Index). The Index contains securities of NASDAQ listed companies that are classified according to the Industry Classification Benchmark as either biotechnology or pharmaceuticals, which also meet other eligibility criteria determined by NASDAQ.
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