iShares S&P/TSX Global Gold Index ETF (TSE:XGD) Announces Dividend Increase – $0.15 Per Share

iShares S&P/TSX Global Gold Index ETF (TSE:XGD) announced a dividend on Wednesday, June 25th, TickerTech Dividends reports. Stockholders of record on Monday, June 30th will be given a dividend of 0.145 per share on Monday, June 30th. This represents a dividend yield of 0.45%. The ex-dividend date of this dividend is Wednesday, June 25th. This is a 3.6% increase from iShares S&P/TSX Global Gold Index ETF’s previous dividend of $0.14.

iShares S&P/TSX Global Gold Index ETF Price Performance

TSE:XGD opened at C$31.27 on Wednesday. iShares S&P/TSX Global Gold Index ETF has a fifty-two week low of C$19.51 and a fifty-two week high of C$32.55. The business has a 50 day moving average price of C$30.34 and a 200-day moving average price of C$26.78.

About iShares S&P/TSX Global Gold Index ETF

The investment objective of the Fund is to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Global Gold Index the Index , net of expenses. Under normal market conditions, the Fund will primarily invest in equity securities issued by international issuers participating in the mining secto.