iShares Dow Jones US Telecom (NYSE:IYZ) announced a quarterly dividend on Tuesday, June 27th, Wall Street Journal reports. Stockholders of record on Thursday, June 29th will be paid a dividend of 0.1955 per share by the exchange traded fund on Friday, June 30th. This represents a $0.78 annualized dividend and a dividend yield of 2.43%. The ex-dividend date is Tuesday, June 27th.

iShares Dow Jones US Telecom has raised its dividend payment by an average of 0.2% annually over the last three years.

Shares of iShares Dow Jones US Telecom (NYSE IYZ) traded down 0.63% during midday trading on Tuesday, hitting $32.23. 182,814 shares of the stock traded hands. iShares Dow Jones US Telecom has a 52-week low of $29.31 and a 52-week high of $36.74. The stock has a 50-day moving average of $32.93 and a 200-day moving average of $33.67.

ILLEGAL ACTIVITY WARNING: “iShares Dow Jones US Telecom to Issue Quarterly Dividend of $0.20 (IYZ)” was first posted by American Banking News and is the sole property of of American Banking News. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of U.S. and international trademark and copyright law. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/06/27/ishares-dow-jones-us-telecom-to-issue-quarterly-dividend-of-0-20-iyz.html.

iShares Dow Jones US Telecom Company Profile

iShares U.S. Telecommunications ETF (the Fund), formerly iShares Dow Jones U.S. Telecommunications Sector Index Fund, is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Select Telecommunications Index (the Index).

Dividend History for iShares Dow Jones US Telecom (NYSE:IYZ)

Receive News & Ratings for iShares Dow Jones US Telecom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Dow Jones US Telecom and related companies with MarketBeat.com's FREE daily email newsletter.