iShares International Developed Real Estate ETF (NASDAQ:IFGL) Shares Down 0.4% – What’s Next?

iShares International Developed Real Estate ETF (NASDAQ:IFGL)’s share price fell 0.4% during mid-day trading on Monday . The stock traded as low as $21.84 and last traded at $22.07. 11,958 shares traded hands during trading, a decline of 5% from the average daily volume of 12,569 shares. The stock had previously closed at $22.15.

iShares International Developed Real Estate ETF Stock Performance

The firm has a market capitalization of $81.66 million, a price-to-earnings ratio of 20.34 and a beta of 0.80. The business’s 50-day moving average is $23.18 and its two-hundred day moving average is $23.47.

iShares International Developed Real Estate ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a $0.3198 dividend. This represents a $1.28 annualized dividend and a yield of 5.8%. This is a boost from iShares International Developed Real Estate ETF’s previous quarterly dividend of $0.12. The ex-dividend date was Monday, June 15th.

About iShares International Developed Real Estate ETF

The iShares International Developed Real Estate ETF (IFGL) is an exchange-traded fund that is based on the FTSE EPRA Nareit Developed x US index, a market-cap-weighted index of companies that own or develop real estate throughout the developed world, excluding the United States. IFGL was launched on Nov 12, 2007 and is managed by BlackRock.