iBonds Mar 2020 Term Corporate ETF (NYSEARCA:IBDC) announced a monthly dividend on Friday, November 2nd, Wall Street Journal reports. Investors of record on Friday, November 2nd will be paid a dividend of 0.0507 per share on Wednesday, November 7th. This represents a $0.61 annualized dividend and a dividend yield of 2.35%. The ex-dividend date is Thursday, November 1st. This is an increase from iBonds Mar 2020 Term Corporate ETF’s previous monthly dividend of $0.05.
Shares of IBDC stock traded down $0.06 during midday trading on Friday, hitting $25.85. 9,937 shares of the company were exchanged, compared to its average volume of 16,269. iBonds Mar 2020 Term Corporate ETF has a 52 week low of $25.81 and a 52 week high of $27.13.
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