iShares Broad USD Investment Grade Corporate Bond ETF (USIG) to Issue Monthly Dividend of $0.20 on December 23rd

iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) declared a monthly dividend on Tuesday, December 17th,NASDAQ Dividends reports. Investors of record on Wednesday, December 18th will be paid a dividend of 0.1994 per share on Monday, December 23rd. This represents a $2.39 dividend on an annualized basis and a yield of 4.76%. The ex-dividend date is Wednesday, December 18th. This is a boost from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

Shares of USIG opened at $50.31 on Thursday. The firm has a 50-day moving average of $51.26 and a 200-day moving average of $51.34. iShares Broad USD Investment Grade Corporate Bond ETF has a one year low of $49.08 and a one year high of $52.94.

iShares Broad USD Investment Grade Corporate Bond ETF Company Profile

The iShares Broad USD Investment Grade Corporate Bond ETF (USIG) is an exchange-traded fund that is based on the ICE BofA US Corporate index. The fund tracks a market-value-weighted index of USD-denominated, investment-grade corporate debt. USIG was launched on Jan 5, 2007 and is managed by BlackRock.