iShares Convertible Bond Index ETF Common (TSE:CVD) Declares $0.08 Monthly Dividend

Key Points

• TSE:CVD declared a monthly dividend of C$0.075 per share with an ex-dividend date of April 27 and payment to holders of record on April 30, implying a 5.0% yield.
• Shares opened at C$18.16, with a 50-day moving average of C$18.35, a 200-day moving average of C$18.26, and a 12-month range of C$17.24–C$18.68.
• The Fund aims to replicate the FTSE Canada Convertible Bond Index net of expenses using an indexing strategy via BlackRock Canada‑managed ETFs and/or derivatives with replicating or sampling techniques.

iShares Convertible Bond Index ETF Common (TSE:CVD - Get Free Report) declared a monthly dividend on Monday, April 27th, TickerTech Dividends reports. Stockholders of record on Thursday, April 30th will be paid a dividend of 0.075 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend is Monday, April 27th.

iShares Convertible Bond Index ETF Common Stock Performance

Shares of iShares Convertible Bond Index ETF Common stock opened at C$18.16 on Friday. The business has a 50-day moving average price of C$18.35 and a 200-day moving average price of C$18.26. iShares Convertible Bond Index ETF Common has a twelve month low of C$17.24 and a twelve month high of C$18.68.

iShares Convertible Bond Index ETF Common Company Profile

The investment objective of the Fund is to replicate, to the extent possible, the performance of the FTSE Canada Convertible Bond Index the Index, net of expenses. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more exchange-traded funds managed by BlackRock Canada or an affiliate and/or through the use of derivatives, a replicating strategy or sampling strategy.

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