iShares Floating Rate Bond ETF Announces $0.2139 Dividend Payment

iShares Floating Rate Bond ETF has declared a $0.2139/share monthly dividend, payable on Sept. 5 for shareholders of record on Sept. 2. The ex-dividend date is Sept. 2.

The iShares Floating Rate Bond ETF (FLOT) has recently announced a significant financial update for its shareholders. The ETF has declared a monthly dividend of $0.2139 per share, payable on September 5. To qualify for this distribution, investors must be recorded as shareholders by September 2, which is also the ex-dividend date.

The ex-dividend date is crucial for investors as it determines the eligibility for the forthcoming payout. This date signifies the point at which investors must own shares to receive the dividend. For those planning to invest in FLOT, understanding these key dates is essential for optimizing portfolio returns.

This dividend announcement follows a trend of increasing payouts from iShares Floating Rate Bond ETF, which has been a popular choice among investors seeking stable income from fixed-income securities. The ETF's dividend scorecard, as highlighted by Seeking Alpha, further emphasizes its reliability as a dividend-paying asset.

Investors should monitor the FLOT ETF closely, especially with the upcoming dividend payout. Understanding the ex-dividend date and record date is key to maximizing potential returns. As always, it is advisable to review the ETF's prospectus and consult with a financial advisor before making investment decisions.

References:
[1] https://seekingalpha.com/news/4490876-ishares-floating-rate-bond-etf-declares-0_2139-dividend
[2] https://seekingalpha.com/news/4490876-ishares-floating-rate-bond-etf-declares-0_2139-dividend