Investors sold shares of iShares Select Dividend ETF (NASDAQ:DVY) on strength during trading on Thursday. $18.03 million flowed into the stock on the tick-up and $64.48 million flowed out of the stock on the tick-down, for a money net flow of $46.45 million out of the stock. Of all stocks tracked, iShares Select Dividend ETF had the 18th highest net out-flow for the day. iShares Select Dividend ETF traded up $0.94 for the day and closed at $99.98
The company has a market capitalization of $17,990.00, a PE ratio of 17.00 and a beta of 0.75.
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Wednesday, December 20th were given a dividend of $0.798 per share. This represents a $3.19 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date of this dividend was Tuesday, December 19th. This is an increase from iShares Select Dividend ETF’s previous quarterly dividend of $0.73. iShares Select Dividend ETF’s payout ratio is presently 50.34%.
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About iShares Select Dividend ETF
iShares Select Dividend ETF, formerly iShares Dow Jones Select Dividend Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.
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