iShares Convertible Bond Index ETF Common (TSE:CVD) Plans Monthly Dividend of $0.07

Key Points

• iShares Convertible Bond Index ETF Common (TSE:CVD) has declared a monthly dividend of $0.07 per share, set to be paid to stockholders of record on September 29th.
• The annualized dividend yield for CVD is currently 4.9%, with an ex-dividend date of September 24th.
• CVD stock opened at C$18.25 and has ranged from a twelve month low of C$17.00 to a high of C$18.39.

iShares Convertible Bond Index ETF Common (TSE:CVD - Get Free Report) declared a monthly dividend on Wednesday, September 24th, TickerTech Dividends reports. Stockholders of record on Monday, September 29th will be given a dividend of 0.074 per share on Monday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend is Wednesday, September 24th.

iShares Convertible Bond Index ETF Common Stock Performance

CVD stock opened at C$18.25 on Wednesday. iShares Convertible Bond Index ETF Common has a twelve month low of C$17.00 and a twelve month high of C$18.39. The stock's 50 day moving average is C$17.99 and its 200-day moving average is C$17.67.

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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