iShares Barclays TIPS Bond Fund (NYSEARCA:TIP) declared a monthly dividend on Monday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 3rd will be paid a dividend of 0.2924 per share by the exchange traded fund on Friday, April 6th. This represents a $3.51 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date of this dividend is Monday, April 2nd. This is a positive change from iShares Barclays TIPS Bond Fund’s previous monthly dividend of $0.02.
iShares Barclays TIPS Bond Fund stock traded up $0.12 during midday trading on Monday, reaching $112.87. The stock had a trading volume of 1,600,190 shares, compared to its average volume of 1,725,545. iShares Barclays TIPS Bond Fund has a twelve month low of $111.28 and a twelve month high of $115.46.
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iShares Barclays TIPS Bond Fund Company Profile
iShares TIPS Bond ETF (the Fund), formerly iShares Barclays Treasury Inflation Protected Securities Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L) (the Index).
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