iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) to Issue Monthly Dividend of $0.36

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) announced a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 1st will be paid a dividend of 0.3615 per share on Tuesday, April 7th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Wednesday, April 1st. This is a 9.1% increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI stock traded down $0.46 during trading hours on Wednesday, reaching $118.14. The stock had a trading volume of 3,196,173 shares, compared to its average volume of 2,385,800. The stock’s fifty day simple moving average is $119.28 and its 200 day simple moving average is $119.50. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $116.62 and a 12 month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Company Profile

iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.