iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR) Plans Dividend Increase – $0.06 Per Share

iShares iBonds Dec 2029 Term Muni Bond ETF (NYSEARCA:IBMR) declared a dividend on Friday, February 28th, NASDAQ Dividends reports. Investors of record on Monday, March 3rd will be paid a dividend of 0.0555 per share on Thursday, March 6th. The ex-dividend date is Monday, March 3rd. This is a positive change from iShares iBonds Dec 2029 Term Muni Bond ETF’s previous dividend of $0.05.

iShares iBonds Dec 2029 Term Muni Bond ETF Stock Performance

IBMR stock traded up $0.05 during trading on Friday, hitting $25.31. 68,916 shares of the company’s stock traded hands, compared to its average volume of 65,554. The business has a fifty day simple moving average of $25.05 and a two-hundred day simple moving average of $25.18. iShares iBonds Dec 2029 Term Muni Bond ETF has a 1 year low of $24.57 and a 1 year high of $25.52.

About iShares iBonds Dec 2029 Term Muni Bond ETF

The iShares iBonds Dec 2029 Term Muni Bond ETF (IBMR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks the investment results of an investment-grade U.S. municipal bonds index expected to mature or be redeemed before mid-December 2029.