iShares Lehman Credit Bond Fund Announces Monthly Dividend of $0.26 (NASDAQ:CRED)

iShares Lehman Credit Bond Fund (NASDAQ:CRED) announced a monthly dividend on Thursday, December 21st, Zacks reports. Shareholders of record on Friday, December 22nd will be paid a dividend of 0.261 per share on Thursday, December 28th. This represents a $3.13 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date is Thursday, December 21st.

Shares of iShares Lehman Credit Bond Fund (CRED) traded up $0.10 during mid-day trading on Friday, reaching $111.69. 43,361 shares of the company’s stock were exchanged, compared to its average volume of 79,356. iShares Lehman Credit Bond Fund has a 12-month low of $108.03 and a 12-month high of $112.93.

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About iShares Lehman Credit Bond Fund

iShares Credit Bond ETF (the Fund), formerly iShares Barclays Credit Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Barclays U.S. Credit Bond Index (the Index), which measures the performance of investment-grade corporate debt and sovereign, supranational, local authority and non-United States agency bonds that are the United States dollar denominated and have a remaining maturity of greater than or equal to one year.

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