ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) announced a monthly dividend on Monday, April 1st, Wall Street Journal reports. Shareholders of record on Tuesday, April 2nd will be paid a dividend of 0.2522 per share on Monday, April 8th. This represents a $3.03 annualized dividend and a yield of 4.03%. The ex-dividend date is Monday, April 1st. This is an increase from ProShares Investment Grade Interest Rate Hedged’s previous monthly dividend of $0.22.
Shares of IGHG traded down $0.14 during mid-day trading on Wednesday, hitting $75.11. 21,821 shares of the company traded hands. ProShares Investment Grade Interest Rate Hedged has a one year low of $75.13 and a one year high of $78.88.
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