iShares California Muni Bond ETF Sets $0.151075 November Payout

BlackRock set the November distribution for its iShares California Muni Bond ETF (CMF) at $0.151075 per share, with the full amount classified as income. The declaration was made Oct. 30.

The distribution is up from $0.141319 in October. BlackRock lists no amount for short-term or long-term gains or return of capital.

Nov. 2 is both the record and ex-dividend date, and payment is scheduled for Nov. 5. The record date determines which shareholders qualify for the distribution. A buyer on or after the ex-dividend date is not entitled to it.

CMF makes distributions monthly and is designed to follow a benchmark of investment-grade municipal bonds from California. Its 30-day SEC yield was 3.72% as of Oct. 29.