iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) Increases Dividend to $0.06 Per Share

iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Stockholders of record on Monday, March 3rd will be paid a dividend of 0.0551 per share on Thursday, March 6th. The ex-dividend date is Monday, March 3rd. This is a positive change from iShares iBonds Dec 2028 Term Muni Bond ETF’s previous dividend of $0.05.

iShares iBonds Dec 2028 Term Muni Bond ETF Price Performance

IBMQ traded up $0.05 during trading hours on Friday, hitting $25.39. 91,334 shares of the stock were exchanged. The stock has a 50 day simple moving average of $25.23 and a 200-day simple moving average of $25.36.

About iShares iBonds Dec 2028 Term Muni Bond ETF

The iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks the investment results of an investment-grade U.S. municipal bonds index expected to mature or be redeemed before mid-December 2028. IBMQ was launched on Apr 16, 2019 and is managed by BlackRock.