iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF) announced a monthly dividend on Friday, December 1st, Wall Street Journal reports. Investors of record on Monday, December 4th will be given a dividend of 0.1925 per share on Thursday, December 7th. This represents a $2.31 dividend on an annualized basis and a yield of 5.99%. The ex-dividend date is Friday, December 1st. This is an increase from iShares S&P US Pref Stock Idx Fnd’s previous monthly dividend of $0.18.

iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF) traded up $0.01 during mid-day trading on Friday, reaching $38.56. 2,682,100 shares of the company’s stock were exchanged, compared to its average volume of 2,445,953. iShares S&P US Pref Stock Idx Fnd has a fifty-two week low of $36.77 and a fifty-two week high of $39.31.

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About iShares S&P US Pref Stock Idx Fnd

iShares U.S. Preferred Stock ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results, which correspond to the price and yield performance, before fees and expenses, of the S&P U.S. Preferred Stock Index (the Underlying Index). The Underlying Index measures the performance of a select group of preferred stocks listed on the New York Stock Exchange (NYSE), NYSE Arca, Inc (NYSE Arca), NYSE Amex, NASDAQ Global Select Market, NASDAQ Select Market or NASDAQ Capital Market.

Dividend History for iShares S&P US Pref Stock Idx Fnd (NASDAQ:PFF)

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