iShares S&P/TSX 60 Index ETF (TSE:XIU) Trading Up 0.4%

iShares S&P/TSX 60 Index ETF (TSE:XIU) shares rose 0.4% during mid-day trading on Friday . The company traded as high as C$33.44 and last traded at C$33.39. Approximately 1,638,090 shares changed hands during trading, a decline of 21% from the average daily volume of 2,080,442 shares. The stock had previously closed at C$33.26.

iShares S&P/TSX 60 Index ETF Trading Up 0.4 %

The stock’s 50-day moving average is C$33.18 and its 200-day moving average is C$31.78.

iShares S&P/TSX 60 Index ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 29th. Shareholders of record on Monday, February 26th were paid a dividend of $0.254 per share. This is an increase from iShares S&P/TSX 60 Index ETF’s previous quarterly dividend of $0.25. This represents a $1.02 annualized dividend and a yield of 3.04%. The ex-dividend date of this dividend was Friday, February 23rd.

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.