iShares US Technology ETF (NYSEARCA:IYW) announced a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Stockholders of record on Thursday, March 26th will be given a dividend of 0.7253 per share by the exchange traded fund on Tuesday, March 31st. This represents a $2.90 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date is Wednesday, March 25th. This is a positive change from iShares US Technology ETF’s previous quarterly dividend of $0.37.
Shares of IYW traded down $2.64 during mid-day trading on Wednesday, reaching $195.46. 223,900 shares of the company’s stock traded hands, compared to its average volume of 211,509. The business’s 50-day moving average price is $229.44 and its 200-day moving average price is $223.56. iShares US Technology ETF has a 12 month low of $175.25 and a 12 month high of $261.25.
About iShares US Technology ETF
Featured Story: What are some reasons analysts would give stocks a buy rating?
Receive News & Ratings for iShares US Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares US Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.