iShares Preferred and Income Securities ETF (NASDAQ:PFF) Plans $0.16 Dividend

iShares Preferred and Income Securities ETF (NASDAQ:PFF) declared a dividend on Tuesday, April 30th, NASDAQ reports. Stockholders of record on Thursday, May 2nd will be paid a dividend of 0.1596 per share on Tuesday, May 7th. The ex-dividend date is Wednesday, May 1st.

iShares Preferred and Income Securities ETF Price Performance

Shares of NASDAQ:PFF traded up $0.18 during midday trading on Wednesday, reaching $31.14. 4,892,859 shares of the company’s stock were exchanged, compared to its average volume of 4,762,742. The stock has a market cap of $14.26 billion, a price-to-earnings ratio of 3.83 and a beta of 0.51. iShares Preferred and Income Securities ETF has a fifty-two week low of $28.15 and a fifty-two week high of $32.66. The firm’s 50 day simple moving average is $31.81 and its two-hundred day simple moving average is $31.08.

About iShares Preferred and Income Securities ETF

iShares U.S. Preferred Stock ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results, which correspond to the price and yield performance, before fees and expenses, of the S&P U.S. Preferred Stock Index (the Underlying Index). The Underlying Index measures the performance of a select group of preferred stocks listed on the New York Stock Exchange (NYSE), NYSE Arca, Inc (NYSE Arca), NYSE Amex, NASDAQ Global Select Market, NASDAQ Select Market or NASDAQ Capital Market.