iShares Floating Rate Bond ETF (BATS:FLOT) declared a monthly dividend on Monday, December 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, December 4th will be paid a dividend of 0.1157 per share on Friday, December 7th. This represents a $1.39 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date of this dividend is Monday, December 3rd. This is an increase from iShares Floating Rate Bond ETF’s previous monthly dividend of $0.11.
Shares of iShares Floating Rate Bond ETF stock opened at $50.50 on Tuesday. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10.
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