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flag ETF IVVB pays $0.27 dividend on Jan 3rd, despite its stock price dropping 1.1% to $31.26.

flag The iShares Large Cap Deep Buffer ETF (IVVB) has announced a dividend of $0.27 per share, payable on January 3rd to shareholders of record by December 30th. flag Despite the dividend, the ETF's stock price fell 1.1% to $31.26 on December 27th. flag IVVB invests in large-cap U.S. equities and applies a downside hedge against declines between 5-20% in a quarter. flag The 50-day moving average price is $31.03, and the 200-day moving average is $29.86.

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