iShares GNMA Bond ETF (NASDAQ:GNMA) Increases Dividend to $0.17 Per Share

iShares GNMA Bond ETF (NASDAQ:GNMA) declared a monthly dividend on Wednesday, September 30th. Stockholders of record on Thursday, October 1st will be given a dividend of $0.1662 per share on Tuesday, October 6th. This represents a $1.99 annualized dividend and a dividend yield of 4.8%. The ex-dividend date is Thursday, October 1st. This is a 5.0% increase from iShares GNMA Bond ETF’s previous monthly dividend of $0.1582.

iShares GNMA Bond ETF Stock Performance

NASDAQ:GNMA opened at $41.86 on Thursday. iShares GNMA Bond ETF has a fifty-two week low of $41.31 and a fifty-two week high of $45.49. The firm has a 50-day simple moving average of $43.22 and a two-hundred day simple moving average of $43.84.

iShares GNMA Bond ETF Company Profile

The iShares GNMA Bond ETF (GNMA) is an exchange-traded fund that is based on the Bloomberg U.S. GNMA Bond index. The fund tracks a market-value-weighted index of US mortgage pass-through securities issued by Government National Mortgage Association (GNMA), with 30- or 15-year maturities. GNMA was launched on Feb 14, 2012 and is managed by BlackRock.