iShares USD Bond Factor ETF (NASDAQ:USBF) to Issue Monthly Dividend of $0.48

iShares USD Bond Factor ETF (NASDAQ:USBF) declared a monthly dividend on Wednesday, July 31st, NASDAQ reports. Shareholders of record on Thursday, August 1st will be given a dividend of 0.4836 per share on Tuesday, August 6th. This represents a $5.80 annualized dividend and a yield of 6.86%. The ex-dividend date is Thursday, August 1st. This is a positive change from iShares USD Bond Factor ETF’s previous monthly dividend of $0.33.

iShares USD Bond Factor ETF Trading Up 0.4 %

Shares of iShares USD Bond Factor ETF stock opened at $84.61 on Friday. The company has a 50-day simple moving average of $83.55 and a two-hundred day simple moving average of $83.44. iShares USD Bond Factor ETF has a twelve month low of $78.57 and a twelve month high of $85.51.

About iShares USD Bond Factor ETF

The iShares USD Bond Factor ETF (USBF) is an exchange-traded fund that is based on the BlackRock USD Bond Factor index. The fund tracks an index of USD-denominated Treasurys, securitized fixed income instruments, and high yield or investment grade corporate bonds. The index uses a proprietary factor model that selects bonds based on macroeconomic, quality, and value style factors.