iShares Floating Rate Bond ETF (BATS:FLOT) declared a monthly dividend on Monday, April 1st, Wall Street Journal reports. Shareholders of record on Tuesday, April 2nd will be given a dividend of 0.1315 per share on Friday, April 5th. This represents a $1.58 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date of this dividend is Monday, April 1st. This is an increase from iShares Floating Rate Bond ETF’s previous monthly dividend of $0.12.
Shares of BATS:FLOT opened at $50.93 on Wednesday. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10.
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