iShares Convertible Bond ETF (ICVT) to Issue Dividend of $0.15 on March 6th

iShares Convertible Bond ETF (BATS:ICVT) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Shareholders of record on Monday, March 3rd will be paid a dividend of 0.1466 per share on Thursday, March 6th. The ex-dividend date is Monday, March 3rd. This is an increase from iShares Convertible Bond ETF’s previous dividend of $0.14.

iShares Convertible Bond ETF Stock Performance

BATS:ICVT traded up $1.22 on Friday, hitting $86.35. 338,203 shares of the stock were exchanged. The stock has a fifty day moving average of $86.91 and a 200-day moving average of $85.19. iShares Convertible Bond ETF has a fifty-two week low of $50.43 and a fifty-two week high of $58.18.

About iShares Convertible Bond ETF

The iShares Convertible Bond ETF (ICVT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of USD-denominated convertible bonds weighted by market value. The index contains only cash-pay convertibles and excludes mandatory and preferred convertibles.