iShares US Real Estate ETF (NYSEARCA:IYR) declared a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Shareholders of record on Thursday, March 26th will be paid a dividend of 0.5965 per share by the real estate investment trust on Tuesday, March 31st. This represents a $2.39 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date is Wednesday, March 25th.
IYR stock traded up $2.80 during mid-day trading on Wednesday, reaching $65.27. 13,698,100 shares of the company’s stock were exchanged, compared to its average volume of 9,769,047. The stock’s 50 day moving average is $88.00 and its 200 day moving average is $91.86. iShares US Real Estate ETF has a 12-month low of $56.27 and a 12-month high of $100.75.
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