US Treasury 3 Month Bill ETF (NASDAQ:TBIL) Increases Dividend to $0.16 Per Share

US Treasury 3 Month Bill ETF (NASDAQ:TBIL) announced a monthly dividend on Wednesday, January 28th. Stockholders of record on Thursday, January 29th will be paid a dividend of 0.155 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Thursday, January 29th. This is a 1.4% increase from US Treasury 3 Month Bill ETF’s previous monthly dividend of $0.15.

US Treasury 3 Month Bill ETF Stock Down 0.3%

TBIL traded down $0.16 on Thursday, reaching $49.85. 2,256,154 shares of the company’s stock were exchanged, compared to its average volume of 1,866,445. US Treasury 3 Month Bill ETF has a twelve month low of $49.81 and a twelve month high of $50.04. The company’s 50 day moving average is $49.95 and its 200-day moving average is $49.94.

US Treasury 3 Month Bill ETF Company Profile

The US Treasury 3 Month Bill ETF (TBIL) is an exchange-traded fund that is based on the ICE BofA US Treasury Bill 3 Month index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-month US Treasury Bill. The fund is designed for those specifically required to track the 3-month tenor on the yield curve. TBIL was launched on Aug 9, 2022 and is managed by F/m Investments.