iShares MSCI EAFE Index ETF (TSE:XIN) to Issue Dividend of $0.59

iShares MSCI EAFE Index ETF (TSE:XIN) announced a dividend on Thursday, June 25th, TickerTech Dividends reports. Stockholders of record on Tuesday, June 30th will be given a dividend of 0.59 per share on Tuesday, June 30th. This represents a dividend yield of 127.0%. The ex-dividend date is Thursday, June 25th.

iShares MSCI EAFE Index ETF Stock Down 0.6%

Shares of XIN opened at C$46.16 on Friday. iShares MSCI EAFE Index ETF has a 12-month low of C$37.84 and a 12-month high of C$47.29. The stock’s fifty day simple moving average is C$45.40 and its 200-day simple moving average is C$44.11.

About iShares MSCI EAFE Index ETF

The investment objective of the Fund is to provide long-term capital growth by replicating, to the extent possible, the performance of the MSCI EAFE Hedged 100% to CAD Index (the Index), net of expenses. Under normal market conditions, the Fund will primarily invest in securities of one or more exchange-traded funds managed by BlackRock Canada or an affiliate (iShares ETFs) and/or international equity securities. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more iShares ETFs and/or through the use of derivatives, a replicating strategy or sampling strategy.