iShares Dow Jones US Technology (IYW) Increases Dividend to $0.38 Per Share

iShares Dow Jones US Technology (NYSEARCA:IYW) announced a quarterly dividend on Tuesday, June 26th, Wall Street Journal reports. Investors of record on Wednesday, June 27th will be given a dividend of 0.3824 per share by the exchange traded fund on Monday, July 2nd. This represents a $1.53 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend is Tuesday, June 26th. This is a positive change from iShares Dow Jones US Technology’s previous quarterly dividend of $0.31.

NYSEARCA:IYW traded down $0.42 during mid-day trading on Wednesday, hitting $179.04. 4,924 shares of the company’s stock were exchanged, compared to its average volume of 251,401. iShares Dow Jones US Technology has a one year low of $138.25 and a one year high of $187.31.

About iShares Dow Jones US Technology

iShares U.S. Technology ETF, formerly iShares Dow Jones U.S. Technology Sector Index Fund (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Technology Index (the Index).

Dividend History for iShares Dow Jones US Technology (NYSEARCA:IYW)

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