iShares iBonds Mar 2018 Term Corporate ETF (NYSEARCA:IBDB) Plans Dividend Increase – $0.03 Per Share

iShares iBonds Mar 2018 Term Corporate ETF (NYSEARCA:IBDB) declared a monthly dividend on Friday, December 22nd, Wall Street Journal reports. Stockholders of record on Friday, December 22nd will be paid a dividend of 0.0296 per share on Thursday, December 28th. This represents a $0.36 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend is Thursday, December 21st. This is a boost from iShares iBonds Mar 2018 Term Corporate ETF’s previous monthly dividend of $0.03.

Shares of iShares iBonds Mar 2018 Term Corporate ETF (NYSEARCA IBDB) traded down $0.00 during trading on Friday, hitting $25.60. 4,861 shares of the company traded hands, compared to its average volume of 9,667. iShares iBonds Mar 2018 Term Corporate ETF has a one year low of $25.49 and a one year high of $25.73.

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