iShares Short-Term California Muni Active ETF (NASDAQ:CALI) Raises Dividend to $0.12 Per Share

iShares Short-Term California Muni Active ETF (NASDAQ:CALI) announced a dividend on Thursday, April 30th, NASDAQ Dividends reports. Stockholders of record on Friday, May 1st will be paid a dividend of 0.1159 per share on Wednesday, May 6th. The ex-dividend date of this dividend is Friday, May 1st. This is a 39.0% increase from iShares Short-Term California Muni Active ETF’s previous dividend of $0.08.

iShares Short-Term California Muni Active ETF Stock Down 0.3%

Shares of iShares Short-Term California Muni Active ETF stock traded down $0.13 during midday trading on Friday, hitting $50.37. The company’s stock had a trading volume of 66,243 shares, compared to its average volume of 79,183. The firm has a market capitalization of $294.66 million, a P/E ratio of -149.58 and a beta of 0.07. The stock has a 50-day simple moving average of $50.51 and a 200-day simple moving average of $50.54. iShares Short-Term California Muni Active ETF has a 1-year low of $50.04 and a 1-year high of $50.79.

iShares Short-Term California Muni Active ETF Company Profile

The iShares Short-Term California Muni Active ETF (CALI) is an exchange-traded fund that mostly invests in investment grade fixed income. CALY is an actively managed fund that primarily invests in municipal securities exempt from federal income taxes. It will hold short-term, investment grade Muni bonds issued in California while aiming for an effective portfolio duration equal to or less than 1.5 years. CALI was launched on Jul 11, 2023 and is issued by BlackRock.