iShares Nasdaq Biotechnology ETF (NASDAQ:IBB) announced a quarterly dividend on Thursday, September 27th, Wall Street Journal reports. Investors of record on Thursday, September 27th will be given a dividend of 0.0324 per share by the financial services provider on Tuesday, October 2nd. This represents a $0.13 annualized dividend and a dividend yield of 0.11%. The ex-dividend date is Wednesday, September 26th.
iShares Nasdaq Biotechnology ETF has raised its dividend by an average of 29.5% per year over the last three years.
iShares Nasdaq Biotechnology ETF stock traded up $1.26 during mid-day trading on Thursday, hitting $121.87. The company’s stock had a trading volume of 1,486,519 shares, compared to its average volume of 2,556,406. iShares Nasdaq Biotechnology ETF has a 1 year low of $100.22 and a 1 year high of $122.53.
iShares Nasdaq Biotechnology ETF (the Fund), formerly iShares Nasdaq Biotechnology Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the NASDAQ Biotechnology Index (the Index). The Index contains securities of NASDAQ listed companies that are classified according to the Industry Classification Benchmark as either biotechnology or pharmaceuticals, which also meet other eligibility criteria determined by NASDAQ.
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