iShares U.S. Insurance ETF (NYSEARCA:IAK) declared a quarterly dividend on Thursday, September 27th, Wall Street Journal reports. Stockholders of record on Thursday, September 27th will be paid a dividend of 0.258 per share on Tuesday, October 2nd. This represents a $1.03 annualized dividend and a dividend yield of 1.56%. The ex-dividend date is Wednesday, September 26th.
Shares of NYSEARCA:IAK traded down $0.10 during trading on Thursday, hitting $66.17. The stock had a trading volume of 2,220 shares, compared to its average volume of 13,792. iShares U.S. Insurance ETF has a 12 month low of $60.86 and a 12 month high of $69.95.
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