iShares MSCI Min Vol USA Index ETF (XMU) to Issue Quarterly Dividend of $0.27 on June 30th

iShares MSCI Min Vol USA Index ETF (TSE:XMU) announced a quarterly dividend on Thursday, June 25th, TickerTech Dividends reports. Shareholders of record on Tuesday, June 30th will be paid a dividend of 0.265 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 25th.

iShares MSCI Min Vol USA Index ETF Trading Down 0.7%

XMU stock opened at C$89.83 on Friday. The business’s fifty day moving average price is C$88.33 and its 200 day moving average price is C$87.65. iShares MSCI Min Vol USA Index ETF has a 12-month low of C$84.71 and a 12-month high of C$91.15.

About iShares MSCI Min Vol USA Index ETF

The investment objective of the Fund is to provide long-term capital growth by replicating, to the extent possible, the performance of the MSCI USA Minimum Volatility Index (USD) (the Index), net of expenses. Under normal market conditions, the Fund will primarily invest in U.S. equity securities. The Index measures the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in the United States. The Index aims to reflect the performance characteristics of a minimum volatility strategy applied to the large- and mid-cap securities in the MSCI USA index.