iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) to Issue Dividend Increase – $0.08 Per Share

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) announced a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 1st will be given a dividend of 0.0752 per share on Friday, April 4th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date is Tuesday, April 1st. This is a 7.0% increase from iShares iBonds Dec 2028 Term Treasury ETF’s previous monthly dividend of $0.07.

iShares iBonds Dec 2028 Term Treasury ETF Price Performance

IBTI traded down $0.05 on Tuesday, hitting $22.20. 213,492 shares of the company were exchanged, compared to its average volume of 206,575. The firm has a fifty day simple moving average of $22.05 and a two-hundred day simple moving average of $22.07. iShares iBonds Dec 2028 Term Treasury ETF has a 12 month low of $21.47 and a 12 month high of $22.61.

About iShares iBonds Dec 2028 Term Treasury ETF

The iShares iBonds Dec 2028 Term Treasury ETF (IBTI) is an exchange-traded fund that is based on the ICE 2028 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2028. The fund will terminate in December 2028. IBTI was launched on Feb 25, 2020 and is managed by BlackRock.