iShares Trust (NYSEARCA:IBCE) announced a monthly dividend on Monday, April 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, April 3rd will be paid a dividend of 0.0547 per share on Friday, April 6th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date of this dividend is Monday, April 2nd. This is an increase from iShares Trust’s previous monthly dividend of $0.05.
Shares of IBCE stock traded down $0.13 during mid-day trading on Monday, reaching $23.65. 2,308 shares of the company’s stock traded hands, compared to its average volume of 3,843. iShares Trust has a 12 month low of $23.58 and a 12 month high of $24.76.
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