iBonds Mar 2020 Term Corporate ETF (NYSEARCA:IBDC) announced a monthly dividend on Friday, November 2nd, Wall Street Journal reports. Shareholders of record on Friday, November 2nd will be given a dividend of 0.0507 per share on Wednesday, November 7th. This represents a $0.61 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date of this dividend is Thursday, November 1st. This is an increase from iBonds Mar 2020 Term Corporate ETF’s previous monthly dividend of $0.05.
NYSEARCA:IBDC opened at $25.85 on Friday. iBonds Mar 2020 Term Corporate ETF has a 12 month low of $25.81 and a 12 month high of $27.13.
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