iShares S&P/TSX 60 Index ETF (TSE:XIU) Reaches New 1-Year High at $33.80

iShares S&P/TSX 60 Index ETF (TSE:XIU) hit a new 52-week high during trading on Thursday . The company traded as high as C$33.80 and last traded at C$33.80, with a volume of 217998 shares. The stock had previously closed at C$33.67.

iShares S&P/TSX 60 Index ETF Price Performance

The company’s 50-day moving average is C$32.64 and its 200-day moving average is C$31.29.

iShares S&P/TSX 60 Index ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 29th. Investors of record on Monday, February 26th were given a $0.254 dividend. The ex-dividend date was Friday, February 23rd. This is a boost from iShares S&P/TSX 60 Index ETF’s previous quarterly dividend of $0.25. This represents a $1.02 annualized dividend and a dividend yield of 3.01%.

About iShares S&P/TSX 60 Index ETF

iShares S&P/TSX 60 Index Fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX 60 Index through investments in the constituent issuers of such index, net of expenses. The Index is comprised of 60 of the largest (by market capitalization) and liquid securities listed on the Toronto Stock Exchange (TSX), selected by Standard & Poor’s (S&P) using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals.