iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) Declares Monthly Dividend of $0.14

iShares Fallen Angels USD Bond ETF (NASDAQ:FALNGet Free Report) declared a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 1st will be given a dividend of 0.1408 per share on Friday, April 4th. This represents a $1.69 annualized dividend and a dividend yield of 6.33%. The ex-dividend date is Tuesday, April 1st. This is a 2.7% increase from iShares Fallen Angels USD Bond ETF’s previous monthly dividend of $0.14.

iShares Fallen Angels USD Bond ETF Stock Down 0.4 %

NASDAQ:FALN traded down $0.10 during trading hours on Tuesday, hitting $26.69. 1,020,879 shares of the company were exchanged, compared to its average volume of 759,095. iShares Fallen Angels USD Bond ETF has a 52-week low of $25.90 and a 52-week high of $27.43. The company’s 50 day moving average price is $26.97 and its 200-day moving average price is $27.01.

iShares Fallen Angels USD Bond ETF Company Profile

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The iShares Fallen Angels USD Bond ETF (FALN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value weighted index of bonds that were rated investment grade at issuance, but later downgraded to sub-investment grade. FALN was launched on Jun 14, 2016 and is managed by BlackRock.

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Dividend History for iShares Fallen Angels USD Bond ETF (NASDAQ:FALN)

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