iShares Preferred and Income Securities ETF (PFF) to Issue Monthly Dividend of $0.18 on December 23rd

iShares Preferred and Income Securities ETF (NASDAQ:PFF) announced a monthly dividend on Tuesday, December 17th,NASDAQ Dividends reports. Investors of record on Wednesday, December 18th will be paid a dividend of 0.1767 per share on Monday, December 23rd. This represents a $2.12 dividend on an annualized basis and a yield of 6.71%. The ex-dividend date of this dividend is Wednesday, December 18th. This is a positive change from iShares Preferred and Income Securities ETF’s previous monthly dividend of $0.17.

iShares Preferred and Income Securities ETF Price Performance

Shares of NASDAQ PFF opened at $31.62 on Thursday. The company has a 50 day simple moving average of $32.77 and a 200 day simple moving average of $32.35. iShares Preferred and Income Securities ETF has a 1 year low of $30.56 and a 1 year high of $33.59. The firm has a market cap of $14.70 billion, a PE ratio of 3.91 and a beta of 0.51.

About iShares Preferred and Income Securities ETF

iShares U.S. Preferred Stock ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results, which correspond to the price and yield performance, before fees and expenses, of the S&P U.S. Preferred Stock Index (the Underlying Index). The Underlying Index measures the performance of a select group of preferred stocks listed on the New York Stock Exchange (NYSE), NYSE Arca, Inc (NYSE Arca), NYSE Amex, NASDAQ Global Select Market, NASDAQ Select Market or NASDAQ Capital Market.