iShares Inflation Hedged Corporate Bond ETF (LQDI) Increases Dividend to $0.07 Per Share

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iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) declared a monthly dividend on Thursday, September 6th, Wall Street Journal reports. Stockholders of record on Thursday, September 6th will be given a dividend of 0.0733 per share on Tuesday, September 11th. This represents a $0.88 annualized dividend and a dividend yield of 3.50%. The ex-dividend date of this dividend is Wednesday, September 5th. This is a boost from iShares Inflation Hedged Corporate Bond ETF’s previous monthly dividend of $0.07.

Shares of BATS LQDI opened at $25.11 on Friday.

Further Reading: Book Value Per Share – BVPS

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