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

Shares of iShares S&P/TSX 60 Index ETF (TSE:XIU) were up 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 traded 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 Price Performance

The stock has a 50-day moving average of C$33.18 and a 200-day moving average of C$31.78.

iShares S&P/TSX 60 Index ETF Increases Dividend

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

iShares S&P/TSX 60 Index ETF Company Profile

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.