iShares S&P/TSX 60 Index ETF (TSE:XIU) Reaches New 12-Month High at $35.61

iShares S&P/TSX 60 Index ETF (TSE:XIU) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$35.61 and last traded at C$35.60, with a volume of 1388512 shares. The stock had previously closed at C$35.29.

iShares S&P/TSX 60 Index ETF Trading Up 1.0 %

The business’s 50-day moving average price is C$34.53 and its 200-day moving average price is C$33.73.

iShares S&P/TSX 60 Index ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Tuesday, August 27th were given a dividend of $0.266 per share. This is an increase from iShares S&P/TSX 60 Index ETF’s previous quarterly dividend of $0.26. This represents a $1.06 annualized dividend and a yield of 2.99%. The ex-dividend date of this dividend was Tuesday, August 27th.

About iShares S&P/TSX 60 Index ETF

iShares S&P/TSX 60 Index Fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX 60 Index through investments in the constituent issuers of such index, net of expenses. The Index is comprised of 60 of the largest (by market capitalization) and liquid securities listed on the Toronto Stock Exchange (TSX), selected by Standard & Poor’s (S&P) using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals.