iShares Convertible Bond ETF (ICVT) to Issue Dividend of $0.16 on July 5th

iShares Convertible Bond ETF (BATS:ICVT) declared a dividend on Friday, June 28th, NASDAQ reports. Shareholders of record on Monday, July 1st will be given a dividend of 0.1563 per share on Friday, July 5th. The ex-dividend date is Monday, July 1st. This is an increase from iShares Convertible Bond ETF’s previous dividend of $0.15.

iShares Convertible Bond ETF Trading Down 0.2 %

Shares of BATS ICVT traded down $0.18 during midday trading on Friday, reaching $78.63. The company had a trading volume of 94,027 shares. The business’s 50-day simple moving average is $78.23 and its 200 day simple moving average is $78.11. iShares Convertible Bond ETF has a 1 year low of $50.43 and a 1 year high of $58.18.

About iShares Convertible Bond ETF

The iShares Convertible Bond ETF (ICVT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of USD-denominated convertible bonds weighted by market value. The index contains only cash-pay convertibles and excludes mandatory and preferred convertibles.