iShares iBoxx $ High Yield Corporate Bond ETF (HYG) Announces Monthly Dividend
iShares iBoxx $ High-Yield Corporate Bond ETF (HYG) has declared a monthly dividend of $0.4014 per share. The distribution is scheduled to be paid on November 5, with the ex-dividend date and record date both set for November 2. As of October 29, the fund reported a 30-day SEC yield of 7.38%. This announcement provides investors with updated income expectations for this high-yield corporate bond vehicle amidst broader market volatility involving tech risk premiums and shifting inflation narratives.
Tickers: $HYG
Topics: dividend declaration ETF high-yield bonds yield