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FLOT Sets November Distribution at $0.1875 Per Share, Up 7.2%

Nov. 2 is both the record and ex-dividend date. Payment is scheduled for Nov. 5.

A blank bond certificate and silver coupon rest on a ceramic tray / TokenPost.ai
A blank bond certificate and silver coupon rest on a ceramic tray / TokenPost.ai

The iShares Floating Rate Bond ETF set its November payout at $0.187534 per share, a 7.2% increase from October, with payment scheduled for Nov. 5.

Nov. 2 is both the record and ex-dividend date. Shareholders of record on that date qualify for the payment.

FLOT is designed to follow a benchmark of investment-grade, U.S. dollar-denominated floating-rate bonds with remaining terms of one month to five years.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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