iShares U.S. Basic Materials ETF (IYM) Announces Quarterly Dividend of $0.34

iShares U.S. Basic Materials ETF (BMV:IYM) announced a quarterly dividend on Tuesday, December 19th, Wall Street Journal reports. Shareholders of record on Wednesday, December 20th will be paid a dividend of 0.3448 per share on Tuesday, December 26th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend is Tuesday, December 19th.

Shares of iShares U.S. Basic Materials ETF (IYM) traded down $0.37 during mid-day trading on Tuesday, hitting $101.02.

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