iShares Edge High Yield Defensive Bond ETF (BATS:HYDB) announced a monthly dividend on Monday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 3rd will be given a dividend of 0.2407 per share on Friday, April 6th. This represents a $2.89 annualized dividend and a yield of 5.83%. The ex-dividend date is Monday, April 2nd. This is a boost from iShares Edge High Yield Defensive Bond ETF’s previous monthly dividend of $0.23.
BATS:HYDB traded down $0.24 during mid-day trading on Monday, hitting $49.51. iShares Edge High Yield Defensive Bond ETF has a one year low of $49.60 and a one year high of $51.73.
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