iShares U.S. Home Construction ETF (BATS:ITB) Declares Dividend Increase – $0.21 Per Share

iShares U.S. Home Construction ETF (BATS:ITB) declared a quarterly dividend on Monday, September 14th. Investors of record on Tuesday, September 15th will be given a dividend of 0.2104 per share by the exchange traded fund on Friday, September 18th. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a 32.2% increase from iShares U.S. Home Construction ETF’s previous quarterly dividend of $0.16.

iShares U.S. Home Construction ETF Price Performance

iShares U.S. Home Construction ETF stock opened at $89.12 on Wednesday. iShares U.S. Home Construction ETF has a 1-year low of $84.98 and a 1-year high of $115.26. The stock has a market cap of $2.05 billion, a PE ratio of 10.18 and a beta of 1.31. The stock’s fifty day moving average is $96.13 and its two-hundred day moving average is $95.66.

iShares U.S. Home Construction ETF Company Profile

iShares U.S. Home Construction ETF, formerly iShares Dow Jones U.S. Home Construction Index Fund, seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Home Construction Index (the Index). The Index measures the performance of the home construction sector of the United States equity market, and includes companies that are constructors of residential homes, including manufacturers of mobile and prefabricated homes. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.