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JPMorgan boosts dividends for two U.S. Treasury Bond ETFs, with share prices rising in response.
JPMorgan's U.S. Treasury Bond ETFs announced dividend increases on February 28th.
The 20+ Year ETF (BBLB) raised its dividend to $0.29 per share from $0.25, while the 1-3 Year ETF (BBSB) increased its dividend to $0.29 from $0.11.
Both ETFs will pay dividends on March 5th for shareholders of record on March 3rd.
BBLB's share price rose 0.9% to $87.36, and BBSB's increased 0.2% to $98.89 on the same day.
2 months ago
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