iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Announces Dividend Increase – $0.13 Per Share

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) announced a dividend on Friday, June 28th, NASDAQ reports. Shareholders of record on Monday, July 1st will be paid a dividend of 0.1251 per share on Friday, July 5th. The ex-dividend date is Monday, July 1st. This is an increase from iShares iBonds 2027 Term High Yield and Income ETF’s previous dividend of $0.12.

iShares iBonds 2027 Term High Yield and Income ETF Stock Down 0.1 %

BATS:IBHG traded down $0.03 during trading hours on Friday, hitting $22.03. 45,114 shares of the stock traded hands. The business’s fifty day simple moving average is $22.02 and its 200 day simple moving average is $22.11.

About iShares iBonds 2027 Term High Yield and Income ETF

The iShares iBonds 2027 Term High Yield and Income ETF (IBHG) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2027. The fund will terminate in December 2027.