iShares Treasury Floating Rate Bond ETF (TFLO) Plans Monthly Dividend of $0.09

iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) declared a monthly dividend on Friday, December 22nd, Wall Street Journal reports. Shareholders of record on Friday, December 22nd will be paid a dividend of 0.0947 per share on Thursday, December 28th. This represents a $1.14 annualized dividend and a yield of 2.27%. The ex-dividend date of this dividend is Thursday, December 21st. This is an increase from iShares Treasury Floating Rate Bond ETF’s previous monthly dividend of $0.05.

Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) traded down $0.01 during midday trading on Friday, reaching $50.17. The company’s stock had a trading volume of 640 shares, compared to its average volume of 3,618. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.00 and a 1-year high of $50.27.

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