US Treasury 12 Month Bill ETF to Issue Monthly Dividend of $0.17 (NASDAQ:OBIL)

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) announced a monthly dividend on Monday, September 30th, Zacks reports. Investors of record on Tuesday, October 1st will be given a dividend of 0.172 per share on Wednesday, October 2nd. This represents a $2.06 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date is Tuesday, October 1st.

US Treasury 12 Month Bill ETF Price Performance

OBIL stock opened at $50.12 on Wednesday. US Treasury 12 Month Bill ETF has a twelve month low of $49.65 and a twelve month high of $50.31. The business’s fifty day moving average is $50.09 and its 200-day moving average is $49.91.

US Treasury 12 Month Bill ETF Company Profile

The US Treasury 12 Month Bill ETF (OBIL) is an exchange-traded fund that is based on the ICE BofA US 1-Year Treasury Bill index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 12-month US Treasury bill. The fund is designed for those specifically required to track the 12-month tenor on the yield curve OBIL was launched on Nov 15, 2022 and is managed by F/m Investments.