iShares U.S. Utilities ETF to Issue Quarterly Dividend of $0.60 (NYSEARCA:IDU)

iShares U.S. Utilities ETF (NYSEARCA:IDU) declared a quarterly dividend on Tuesday, December 19th, Wall Street Journal reports. Stockholders of record on Wednesday, December 20th will be paid a dividend of 0.6002 per share on Tuesday, December 26th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend is Tuesday, December 19th.

Shares of iShares U.S. Utilities ETF (NYSEARCA:IDU) traded down $0.40 during mid-day trading on Thursday, hitting $127.51. The stock had a trading volume of 91,463 shares, compared to its average volume of 61,095. iShares U.S. Utilities ETF has a one year low of $120.76 and a one year high of $142.50. The firm has a market capitalization of $845.71 and a price-to-earnings ratio of -5.93.

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About iShares U.S. Utilities ETF

iShares U.S. Utilities ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Utilities Index (the Underlying Index). The Underlying Index measures the performance of the utilities sector of the United States equity market.

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