iShares National Muni Bond ETF (MUB) to Issue Dividend Increase – $0.25 Per Share

iShares National Muni Bond ETF (NYSEARCA:MUB) declared a monthly dividend on Friday, November 2nd, Wall Street Journal reports. Investors of record on Friday, November 2nd will be paid a dividend of 0.2471 per share by the exchange traded fund on Wednesday, November 7th. This represents a $2.96 annualized dividend and a yield of 2.78%. The ex-dividend date of this dividend is Thursday, November 1st. This is a boost from iShares National Muni Bond ETF’s previous monthly dividend of $0.24.

MUB traded down $0.22 during trading on Friday, hitting $106.60. 1,569,761 shares of the company’s stock were exchanged, compared to its average volume of 685,546. iShares National Muni Bond ETF has a fifty-two week low of $106.48 and a fifty-two week high of $111.25.

About iShares National Muni Bond ETF

iShares National AMT-Free Muni Bond ETF (the Fund), formerly iShares S&P National AMT-Free Municipal Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P National AMT-Free Municipal Bond Index (the Index).

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Dividend History for iShares National Muni Bond ETF (NYSEARCA:MUB)

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