iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) to Issue Dividend Increase – $0.19 Per Share

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) declared a quarterly dividend on Monday, September 14th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.1923 per share on Friday, September 18th. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a 19.7% increase from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.16.

iShares Paris-Aligned Climate MSCI USA ETF Price Performance

Shares of NASDAQ:PABU opened at $77.96 on Tuesday. The stock has a market cap of $2.51 billion, a price-to-earnings ratio of 32.18 and a beta of 1.07. The company has a 50 day moving average of $77.28 and a 200-day moving average of $74.42. iShares Paris-Aligned Climate MSCI USA ETF has a one year low of $63.89 and a one year high of $80.55.

About iShares Paris-Aligned Climate MSCI USA ETF

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals. PABU was launched on Feb 8, 2022 and is managed by BlackRock.