iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Plans Dividend Increase – $0.07 Per Share

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) announced a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 1st will be given a dividend of 0.0667 per share on Tuesday, April 7th. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Wednesday, April 1st. This is a 8.5% increase from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.06.

iShares iBonds Dec 2031 Term Treasury ETF Trading Down 0.4%

Shares of IBTL traded down $0.09 during mid-day trading on Wednesday, reaching $20.31. The company had a trading volume of 97,648 shares, compared to its average volume of 195,419. iShares iBonds Dec 2031 Term Treasury ETF has a twelve month low of $19.93 and a twelve month high of $20.81. The company’s 50-day moving average is $20.52 and its 200-day moving average is $20.57.

iShares iBonds Dec 2031 Term Treasury ETF Company Profile

The iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is an exchange-traded fund that is based on the ICE 2031 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2031. The fund will terminate in December 2031. IBTL was launched on Jul 13, 2021 and is managed by BlackRock.