iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) to Issue Dividend Increase – $0.29 Per Share

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) announced a monthly dividend on Wednesday, July 31st, NASDAQ reports. Investors of record on Thursday, August 1st will be paid a dividend of 0.2891 per share by the exchange traded fund on Tuesday, August 6th. This represents a $3.47 dividend on an annualized basis and a yield of 3.61%. The ex-dividend date is Thursday, August 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF traded up $0.12 during midday trading on Thursday, reaching $96.19. 10,490,983 shares of the company’s stock were exchanged, compared to its average volume of 7,630,814. The business’s 50-day moving average price is $94.00 and its 200 day moving average price is $93.82. The stock has a market capitalization of $29.70 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.86 and a 1-year high of $97.11.

iShares 7-10 Year Treasury Bond ETF Company Profile

iShares 7-10 Year Treasury Bond ETF (the Fund) is an is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States Treasury bonds with remaining maturities between seven and ten years. The Fund seeks to track the investment results of the Barclays U.S.