iShares S&P Short Term Natnl Mupl Bd ETF (NYSEARCA:SUB) to Issue Dividend Increase – $0.12 Per Share

iShares S&P Short Term Natnl Mupl Bd ETF (NYSEARCA:SUB) announced a monthly dividend on Friday, December 22nd, Wall Street Journal reports. Shareholders of record on Friday, December 22nd will be paid a dividend of 0.1234 per share on Thursday, December 28th. This represents a $1.48 annualized dividend and a yield of 1.41%. The ex-dividend date of this dividend is Thursday, December 21st. This is an increase from iShares S&P Short Term Natnl Mupl Bd ETF’s previous monthly dividend of $0.09.

Shares of iShares S&P Short Term Natnl Mupl Bd ETF (NYSEARCA:SUB) traded down $0.09 during mid-day trading on Friday, reaching $104.96. The company’s stock had a trading volume of 73,112 shares, compared to its average volume of 109,133. iShares S&P Short Term Natnl Mupl Bd ETF has a 52-week low of $104.54 and a 52-week high of $106.40.

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About iShares S&P Short Term Natnl Mupl Bd ETF

iShares 2016 AMT-Free Muni Term ETF, formerly iShares S&P Short Term National AMT-Free Municipal Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Short Term National AMT-Free Municipal Bond Index (the Index).

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