iShares Trust (HDV) Raises Dividend to $0.78 Per Share
iShares Trust (NYSEARCA:HDV) declared a quarterly dividend on Tuesday, December 19th, Wall Street Journal reports. Stockholders of record on Wednesday, December 20th will be paid a dividend of 0.7763 per share by the exchange traded fund on Tuesday, December 26th. This represents a $3.11 dividend on an annualized basis and a dividend yield of 3.46%. The ex-dividend date of this dividend is Tuesday, December 19th. This is a boost from iShares Trust’s previous quarterly dividend of $0.73.
Shares of iShares Trust (NYSEARCA HDV) traded down $1.08 during midday trading on Tuesday, hitting $89.70. The stock had a trading volume of 269,453 shares, compared to its average volume of 337,872. iShares Trust has a fifty-two week low of $81.10 and a fifty-two week high of $91.25.
An institutional investor recently raised its position in iShares Trust stock. Northern Trust Corp raised its holdings in iShares Trust (NYSEARCA:HDV) by 10.1% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,092 shares of the exchange traded fund’s stock after buying an additional 283 shares during the quarter. Northern Trust Corp’s holdings in iShares Trust were worth $257,000 at the end of the most recent quarter.
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