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).
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