iShares Convertible Bond ETF (BATS:ICVT) announced a special dividend on Monday, December 3rd, Wall Street Journal reports. Investors of record on Tuesday, December 4th will be given a dividend of 0.1499 per share on Friday, December 7th. This represents a dividend yield of 12.61%. The ex-dividend date of this dividend is Monday, December 3rd.
Shares of BATS ICVT traded up $0.38 during trading hours on Monday, hitting $56.86. The company’s stock had a trading volume of 51,945 shares. iShares Convertible Bond ETF has a 12 month low of $50.43 and a 12 month high of $58.18.
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