iShares MBS ETF (NASDAQ:MBB) Announces Dividend Increase – $0.37 Per Share

iShares MBS ETF (NASDAQ:MBB) declared a monthly dividend on Wednesday, September 30th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.3662 per share on Tuesday, October 6th. This represents a $4.39 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Thursday, October 1st. This is a 8.1% increase from iShares MBS ETF’s previous monthly dividend of $0.3388.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $89.62 on Thursday. iShares MBS ETF has a 1 year low of $89.14 and a 1 year high of $96.96. The company’s 50 day simple moving average is $92.41 and its 200 day simple moving average is $93.73.

iShares MBS ETF Company Profile

iShares MBS ETF (the Fund), formerly iShares Barclays MBS Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results, which correspond to the price and yield performance of the Barclays Capital U.S. MBS Index (the Index). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).