iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) Announces Dividend Increase – $0.14 Per Share

iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Investors of record on Monday, March 3rd will be given a dividend of 0.1402 per share on Thursday, March 6th. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from iShares iBonds 2029 Term High Yield and Income ETF’s previous dividend of $0.13.

iShares iBonds 2029 Term High Yield and Income ETF Stock Performance

Shares of BATS:IBHI traded up $0.25 during midday trading on Friday, reaching $23.76. The company had a trading volume of 17,514 shares. The company’s fifty day moving average is $23.60 and its 200 day moving average is $23.67.

iShares iBonds 2029 Term High Yield and Income ETF Company Profile

The iShares iBonds 2029 Term High Yield and Income ETF (IBHI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2029. The fund will terminate in December 2029.