USHY Sets November Payout at $0.201052 Per Share, Down 8.6%

BlackRock set a $0.201052 November distribution for the iShares Broad USD High Yield Corporate Bond ETF (USHY), down 8.6% from October, with payment due Nov. 5. The fund’s prior distribution was $0.220036 per share. It classifies the November payment entirely as income, with no short-term or long-term capital gains and no return of capital. Nov. 2 is both the record date and ex-dividend date. A buyer who purchases on or after an ex-dividend date is not entitled to that distribution. Payment is scheduled for Nov. 5. BlackRock lists Oct. 30 as the declaration date.

Source: TokenPost