iShares Trust (NYSEARCA:CMBS) declared a monthly dividend on Monday, April 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, April 3rd will be given a dividend of 0.1109 per share on Friday, April 6th. This represents a $1.33 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date is Monday, April 2nd. This is an increase from iShares Trust’s previous monthly dividend of $0.11.
Shares of NYSEARCA CMBS traded up $0.03 during midday trading on Monday, reaching $50.28. 17,427 shares of the stock traded hands, compared to its average volume of 20,138. iShares Trust has a one year low of $49.94 and a one year high of $52.29.
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