iShares US Real Estate ETF (NYSEARCA:IYR) announced a quarterly dividend on Monday, June 17th, Wall Street Journal reports. Stockholders of record on Tuesday, June 18th will be paid a dividend of 0.6852 per share by the real estate investment trust on Friday, June 21st. This represents a $2.74 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date of this dividend is Monday, June 17th. This is an increase from iShares US Real Estate ETF’s previous quarterly dividend of $0.60.
IYR opened at $89.91 on Wednesday. iShares US Real Estate ETF has a 52-week low of $71.41 and a 52-week high of $90.87.
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iShares U.S. Real Estate ETF, formerly iShares Dow Jones U.S. Real Estate Index Fund (the Fund), is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market, and includes companies in the industry groups, such as real estate holding and development and real estate investment trusts (REITs).
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