iShares U.S. Oil & Gas Exploration & Production ETF (IEO) Increases Dividend to $0.17 Per Share

iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) announced a quarterly dividend on Thursday, September 27th, Wall Street Journal reports. Stockholders of record on Thursday, September 27th will be given a dividend of 0.1728 per share on Tuesday, October 2nd. This represents a $0.69 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date is Wednesday, September 26th. This is a positive change from iShares U.S. Oil & Gas Exploration & Production ETF’s previous quarterly dividend of $0.17.

Shares of BATS:IEO traded up $0.26 during midday trading on Thursday, reaching $75.96. 35,852 shares of the company’s stock traded hands. iShares U.S. Oil & Gas Exploration & Production ETF has a one year low of $50.49 and a one year high of $70.54.

About iShares U.S. Oil & Gas Exploration & Production ETF

iShares U.S. Oil & Gas Exploration & Production ETF, formerly iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Oil Exploration & Production Index (the Index).

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