iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Declares Dividend Increase – $0.07 Per Share

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) declared a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 1st will be paid a dividend of 0.0689 per share on Tuesday, April 7th. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Wednesday, April 1st. This is a 7.6% increase from iShares iBonds Dec 2028 Term Treasury ETF’s previous monthly dividend of $0.06.

iShares iBonds Dec 2028 Term Treasury ETF Stock Performance

Shares of NASDAQ IBTI traded down $0.07 during trading hours on Wednesday, reaching $22.21. 335,833 shares of the stock traded hands, compared to its average volume of 399,172. The company’s 50-day simple moving average is $22.34 and its two-hundred day simple moving average is $22.37. iShares iBonds Dec 2028 Term Treasury ETF has a 52-week low of $22.09 and a 52-week high of $22.49.

iShares iBonds Dec 2028 Term Treasury ETF Company Profile

The iShares iBonds Dec 2028 Term Treasury ETF (IBTI) is an exchange-traded fund that is based on the ICE 2028 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2028. The fund will terminate in December 2028. IBTI was launched on Feb 25, 2020 and is managed by BlackRock.