iShares Fallen Angels USD Bond ETF (NASDAQ:FALN) to Issue Monthly Dividend of $0.15

by · The Markets Daily

iShares Fallen Angels USD Bond ETF (NASDAQ:FALN – Get Free Report) announced a monthly dividend on Thursday, December 18th. Shareholders of record on Friday, December 19th will be paid a dividend of 0.1466 per share on Wednesday, December 24th. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Friday, December 19th. This is a 0.9% increase from iShares Fallen Angels USD Bond ETF’s previous monthly dividend of $0.15.

iShares Fallen Angels USD Bond ETF Stock Performance

iShares Fallen Angels USD Bond ETF stock opened at $27.41 on Friday. iShares Fallen Angels USD Bond ETF has a 12 month low of $24.82 and a 12 month high of $27.79. The stock’s 50-day moving average is $27.44 and its 200-day moving average is $27.26.

iShares Fallen Angels USD Bond ETF Company Profile

(Get Free Report)

The iShares Fallen Angels USD Bond ETF (FALN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value weighted index of bonds that were rated investment grade at issuance, but later downgraded to sub-investment grade. FALN was launched on Jun 14, 2016 and is managed by BlackRock.

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