iShares iBonds Mar 2018 Term Corporate ETF (IBDB) Declares Monthly Dividend of $0.03

iShares iBonds Mar 2018 Term Corporate ETF (NYSEARCA:IBDB) announced a monthly dividend on Friday, December 22nd, Wall Street Journal reports. Shareholders of record on Friday, December 22nd will be given a dividend of 0.0296 per share on Thursday, December 28th. This represents a $0.36 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date is Thursday, December 21st. This is an increase from iShares iBonds Mar 2018 Term Corporate ETF’s previous monthly dividend of $0.03.

iShares iBonds Mar 2018 Term Corporate ETF (NYSEARCA:IBDB) traded down $0.03 during midday trading on Friday, reaching $25.53. The company’s stock had a trading volume of 41,914 shares, compared to its average volume of 10,672. iShares iBonds Mar 2018 Term Corporate ETF has a twelve month low of $25.49 and a twelve month high of $25.73.

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