iShares GNMA Bond ETF (NASDAQ:GNMA) Raises Dividend to $0.16 Per Share

iShares GNMA Bond ETF (NASDAQ:GNMA) announced a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Stockholders of record on Wednesday, July 1st will be paid a dividend of 0.1576 per share on Tuesday, July 7th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a 2.6% increase from iShares GNMA Bond ETF’s previous monthly dividend of $0.15.

iShares GNMA Bond ETF Stock Performance

Shares of NASDAQ:GNMA traded down $0.24 on Wednesday, reaching $43.99. 15,964 shares of the company’s stock were exchanged, compared to its average volume of 33,723. The company has a fifty day moving average of $44.19 and a 200-day moving average of $44.46. iShares GNMA Bond ETF has a twelve month low of $43.18 and a twelve month high of $45.49.

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.