iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) announced a monthly dividend on Wednesday, August 1st, Wall Street Journal reports. Stockholders of record on Thursday, August 2nd will be paid a dividend of 0.0753 per share on Tuesday, August 7th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date is Wednesday, August 1st. This is a positive change from iShares Treasury Floating Rate Bond ETF’s previous monthly dividend of $0.07.
Shares of iShares Treasury Floating Rate Bond ETF traded up $0.03, reaching $50.26, during midday trading on Thursday, according to MarketBeat Ratings. 1,008 shares of the stock were exchanged, compared to its average volume of 44,085. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.12 and a twelve month high of $50.85.
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