iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Increases Dividend to $0.29 Per Share

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) declared a monthly dividend on Thursday, October 31st, NASDAQ reports. Stockholders of record on Friday, November 1st will be given a dividend of 0.2916 per share by the exchange traded fund on Wednesday, November 6th. This represents a $3.50 dividend on an annualized basis and a dividend yield of 3.74%. The ex-dividend date is Friday, November 1st. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF traded down $0.56 on Friday, reaching $93.67. 15,644,474 shares of the company’s stock were exchanged, compared to its average volume of 7,731,344. The company’s 50 day moving average is $97.09 and its 200-day moving average is $95.08. The company has a market cap of $33.35 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $90.68 and a twelve month high of $99.18.

About iShares 7-10 Year Treasury Bond ETF

iShares 7-10 Year Treasury Bond ETF (the Fund) is an is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States Treasury bonds with remaining maturities between seven and ten years. The Fund seeks to track the investment results of the Barclays U.S.