iShares California Muni Bond ETF (NYSEARCA:CMF) announced a monthly dividend on Monday, June 3rd, Wall Street Journal reports. Investors of record on Tuesday, June 4th will be given a dividend of 0.11 per share on Friday, June 7th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date of this dividend is Monday, June 3rd. This is a boost from iShares California Muni Bond ETF’s previous monthly dividend of $0.11.
CMF opened at $60.60 on Wednesday. The business’s 50 day simple moving average is $60.33. iShares California Muni Bond ETF has a fifty-two week low of $56.90 and a fifty-two week high of $60.80.
iShares California Muni Bond ETF Company Profile
iShares California AMT-Free Muni Bond ETF (the Fund), formerly iShares S&P California AMT-Free Municipal Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the S&P California AMT-Free Municipal Bond Index (the Index), which measures the performance of the investment-grade segment of the California municipal bond market and the components primarily include transportation and utilities companies.
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