iShares Core Conservative Allocation ETF (NYSEARCA:AOK) to Issue $0.06 Monthly Dividend

iShares Core Conservative Allocation ETF (NYSEARCA:AOK) declared a monthly dividend on Thursday, December 28th, Wall Street Journal reports. Stockholders of record on Friday, December 29th will be paid a dividend of 0.0562 per share on Thursday, January 4th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date is Thursday, December 28th.

Shares of iShares Core Conservative Allocation ETF (AOK) traded up $0.06 during midday trading on Friday, hitting $34.95. 131,500 shares of the stock were exchanged, compared to its average volume of 83,012. iShares Core Conservative Allocation ETF has a 52-week low of $32.57 and a 52-week high of $35.00.

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iShares Core Conservative Allocation ETF Company Profile

iShares Conservative Allocation ETF, formerly iShares S&P Conservative Allocation Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Target Risk Conservative Index (the Conservative Allocation Index). The Conservative Allocation Index seeks to measure the performance of an asset allocation strategy targeted to a conservative risk profile.

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