Annual Dividend (TTM)
$3.0933
9x/year
TIP
(NYSEARCA)iShares TIPS Bond ETF
$110.76-- (--)
Loading... - Market loading
TIP ETF Dividends: iShares TIPS Bond ETF
Dividend yield, distribution history, ex-dividend dates, and payment schedule analysis. Track payout frequency, income trends, and dividend growth metrics.
Dividend Yield
2.80%
Last ex-date: Dec 19, 2025
5-Year CAGR
20.58%
Compound annual growth rate
Dividend Growth
-7.12%
1 consecutive years
iShares TIPS Bond ETF (TIP) Dividend Distribution Statistics
Comprehensive dividend metrics including income yield, payout ratio, CAGR (Compound Annual Growth Rate), and distribution frequency analysis
Payment Schedule & Details
Distribution frequency, ex-dividend dates, and cash payment information
Frequency9x/year
Last Payment$0.3420
Last Ex-DateDec 19, 2025
Last Payment DateDec 24, 2025
Dividend Growth Metrics
CAGR (Compound Annual Growth Rate), TTM (Trailing Twelve Months), and payout trends
Consecutive Years1 years
TTM Growth (YoY)-7.12%
3-Year CAGR-19.93%
5-Year CAGR20.58%
10-Year CAGR26.26%
Historical Distribution Averages
Multi-year dividend payment averages and yield history analysis
5-Year Average$4.4721
10-Year Average$3.2898
First PaymentDec 31, 2003
Historical Dividend Distribution Trend Chart
Visualize dividend payout amounts, distribution growth trends, income yield patterns, and stock splits over time
Loading chart...
iShares TIPS Bond ETF (TIP) Dividend Payment History & Calendar
Complete distribution history with ex-dividend dates, record dates, payment schedule, cash amounts, and payout frequency
Scroll to see more
| Ex-Dividend Date | Record Date | Payment Date | Declaration Date | Amount | Frequency |
|---|---|---|---|---|---|
| Dec 19, 2025 | Dec 19, 2025 | Dec 24, 2025 | Jul 4, 2024 | $0.3420 | Monthly |
| Dec 1, 2025 | Dec 1, 2025 | Dec 4, 2025 | Jul 4, 2024 | $0.3224 | Monthly |
| Nov 3, 2025 | Nov 3, 2025 | Nov 6, 2025 | Jul 4, 2024 | $0.3610 | Monthly |
| Oct 1, 2025 | Oct 1, 2025 | Oct 6, 2025 | Jul 4, 2024 | $0.1980 | Monthly |
| Sep 2, 2025 | Sep 2, 2025 | Sep 5, 2025 | Jul 4, 2024 | $0.4172 | Monthly |
| Aug 1, 2025 | Aug 1, 2025 | Aug 6, 2025 | Jul 4, 2024 | $0.2645 | Monthly |
| Jul 1, 2025 | Jul 1, 2025 | Jul 7, 2025 | Jul 4, 2024 | $0.3800 | Monthly |
| Jun 2, 2025 | Jun 2, 2025 | Jun 5, 2025 | Jul 4, 2024 | $0.2731 | Monthly |
| May 1, 2025 | May 1, 2025 | May 6, 2025 | Jul 4, 2024 | $0.5350 | Monthly |
| Apr 1, 2025 | Apr 1, 2025 | Apr 4, 2025 | Jul 4, 2024 | $0.7092 | Monthly |
| Dec 18, 2024 | Dec 18, 2024 | Dec 23, 2024 | Nov 22, 2023 | $0.1603 | Monthly |
| Dec 2, 2024 | Dec 2, 2024 | Dec 5, 2024 | Nov 22, 2023 | $0.1900 | Monthly |
| Nov 1, 2024 | Nov 1, 2024 | Nov 6, 2024 | Nov 22, 2023 | $0.0890 | Monthly |
| Oct 1, 2024 | Oct 1, 2024 | Oct 4, 2024 | Nov 22, 2023 | $0.1215 | Monthly |
| Sep 3, 2024 | Sep 3, 2024 | Sep 6, 2024 | Nov 22, 2023 | $0.0300 | Monthly |
| Aug 1, 2024 | Aug 1, 2024 | Aug 6, 2024 | Nov 22, 2023 | $0.1732 | Monthly |
| Jul 1, 2024 | Jul 1, 2024 | Jul 5, 2024 | Nov 22, 2023 | $0.4370 | Monthly |
| Jun 3, 2024 | Jun 3, 2024 | Jun 7, 2024 | Nov 22, 2023 | $0.7268 | Monthly |
| May 1, 2024 | May 2, 2024 | May 7, 2024 | Nov 22, 2023 | $0.6933 | Monthly |
| Apr 1, 2024 | Apr 2, 2024 | Apr 5, 2024 | Nov 22, 2023 | $0.0648 | Monthly |
| Dec 1, 2023 | Dec 4, 2023 | Dec 7, 2023 | Nov 24, 2022 | $0.2557 | Monthly |
| Nov 1, 2023 | Nov 2, 2023 | Nov 7, 2023 | Nov 24, 2022 | $0.4517 | Monthly |
| Oct 2, 2023 | Oct 3, 2023 | Oct 6, 2023 | Nov 24, 2022 | $0.1715 | Monthly |
| Sep 1, 2023 | Sep 5, 2023 | Sep 8, 2023 | Nov 24, 2022 | $0.3233 | Monthly |
| Aug 1, 2023 | Aug 2, 2023 | Aug 7, 2023 | Nov 24, 2022 | $0.2206 | Monthly |
| Jul 3, 2023 | Jul 5, 2023 | Jul 10, 2023 | Nov 24, 2022 | $0.5039 | Monthly |
| Jun 1, 2023 | Jun 2, 2023 | Jun 7, 2023 | Nov 24, 2022 | $0.3126 | Monthly |
| May 1, 2023 | May 2, 2023 | May 5, 2023 | Nov 24, 2022 | $0.5690 | Monthly |
| Apr 3, 2023 | Apr 4, 2023 | Apr 7, 2023 | Nov 24, 2022 | $0.1274 | Monthly |
| Dec 15, 2022 | Dec 16, 2022 | Dec 21, 2022 | Dec 9, 2021 | $0.3491 | Monthly |
| Dec 1, 2022 | Dec 2, 2022 | Dec 7, 2022 | Dec 9, 2021 | $0.1308 | Monthly |
| Sep 1, 2022 | Sep 2, 2022 | Sep 8, 2022 | Dec 9, 2021 | $1.4384 | Monthly |
| Aug 1, 2022 | Aug 2, 2022 | Aug 5, 2022 | Dec 9, 2021 | $1.1538 | Monthly |
| Jul 1, 2022 | Jul 5, 2022 | Jul 8, 2022 | Dec 9, 2021 | $0.5652 | Monthly |
| Jun 1, 2022 | Jun 2, 2022 | Jun 7, 2022 | Dec 9, 2021 | $1.3667 | Monthly |
| May 2, 2022 | May 3, 2022 | May 6, 2022 | Dec 9, 2021 | $0.9380 | Monthly |
| Apr 1, 2022 | Apr 4, 2022 | Apr 7, 2022 | Dec 9, 2021 | $0.7984 | Monthly |
| Mar 1, 2022 | Mar 2, 2022 | Mar 7, 2022 | Dec 9, 2021 | $0.2290 | Monthly |
| Feb 1, 2022 | Feb 2, 2022 | Feb 7, 2022 | Dec 9, 2021 | $0.4388 | Monthly |
| Dec 16, 2021 | Dec 17, 2021 | Dec 22, 2021 | Dec 28, 2020 | $0.7863 | Monthly |
| Dec 1, 2021 | Dec 2, 2021 | Dec 7, 2021 | Dec 4, 2020 | $0.1860 | Monthly |
| Nov 1, 2021 | Nov 2, 2021 | Nov 5, 2021 | Oct 29, 2021 | $0.1218 | Monthly |
| Oct 1, 2021 | Oct 4, 2021 | Oct 7, 2021 | Dec 4, 2020 | $0.4320 | Monthly |
| Sep 1, 2021 | Sep 2, 2021 | Sep 8, 2021 | Dec 4, 2020 | $0.8962 | Monthly |
| Aug 2, 2021 | Aug 3, 2021 | Aug 6, 2021 | Jul 30, 2021 | $0.7770 | Monthly |
| Jul 1, 2021 | Jul 2, 2021 | Jul 8, 2021 | Dec 4, 2020 | $0.8335 | Monthly |
| Jun 1, 2021 | Jun 2, 2021 | Jun 7, 2021 | Dec 4, 2020 | $0.6807 | Monthly |
| May 3, 2021 | May 4, 2021 | May 7, 2021 | Dec 4, 2020 | $0.5152 | Monthly |
| Apr 1, 2021 | Apr 5, 2021 | Apr 8, 2021 | Dec 4, 2020 | $0.3000 | Monthly |
| Dec 17, 2020 | - | Dec 23, 2020 | Dec 16, 2020 | $0.0231 | Monthly |
| Dec 1, 2020 | - | Dec 7, 2020 | Dec 11, 2019 | $0.1329 | Monthly |
| Nov 2, 2020 | - | Nov 6, 2020 | Dec 11, 2019 | $0.3178 | Monthly |
| Oct 1, 2020 | - | Oct 7, 2020 | Sep 30, 2020 | $0.4173 | Monthly |
| May 1, 2020 | - | May 7, 2020 | Dec 11, 2019 | $0.2979 | Monthly |
| Apr 1, 2020 | - | Apr 7, 2020 | Dec 11, 2019 | $0.1760 | Monthly |
| Feb 3, 2020 | - | Feb 7, 2020 | Dec 11, 2019 | $0.1267 | Monthly |
| Dec 19, 2019 | - | Dec 26, 2019 | Dec 19, 2018 | $0.1085 | Monthly |
| Dec 2, 2019 | - | Dec 6, 2019 | Dec 19, 2018 | $0.1043 | Monthly |
| Nov 1, 2019 | - | Nov 7, 2019 | Dec 19, 2018 | $0.0198 | Monthly |
| Oct 1, 2019 | - | Oct 7, 2019 | Dec 19, 2018 | $0.1964 | Monthly |
| Sep 3, 2019 | - | Sep 9, 2019 | Dec 19, 2018 | $0.0595 | Monthly |
| Aug 1, 2019 | - | Aug 7, 2019 | Dec 19, 2018 | $0.2700 | Monthly |
| Jul 1, 2019 | - | Jul 8, 2019 | Dec 19, 2018 | $0.6115 | Monthly |
| Jun 3, 2019 | - | Jun 7, 2019 | Dec 19, 2018 | $0.6392 | Monthly |
| May 1, 2019 | - | May 7, 2019 | Dec 19, 2018 | $0.0348 | Monthly |
| Dec 18, 2018 | - | Dec 24, 2018 | Dec 17, 2018 | $0.1842 | Monthly |
| Dec 3, 2018 | - | Dec 7, 2018 | Nov 30, 2018 | $0.1554 | Monthly |
| Nov 1, 2018 | - | Nov 7, 2018 | Jan 10, 2018 | $0.0914 | Monthly |
| Oct 1, 2018 | - | Oct 5, 2018 | Jan 10, 2018 | $0.1015 | Monthly |
| Sep 4, 2018 | - | Sep 10, 2018 | Jan 10, 2018 | $0.3857 | Monthly |
| Aug 1, 2018 | - | Aug 7, 2018 | Jan 10, 2018 | $0.4678 | Monthly |
| Jul 2, 2018 | - | Jul 9, 2018 | Jan 10, 2018 | $0.4310 | Monthly |
| Jun 1, 2018 | - | Jun 7, 2018 | Jan 10, 2018 | $0.3357 | Monthly |
| May 1, 2018 | - | May 7, 2018 | Jan 10, 2018 | $0.4990 | Monthly |
| Apr 2, 2018 | - | Apr 6, 2018 | Mar 29, 2018 | $0.2924 | Monthly |
| Feb 1, 2018 | - | Feb 7, 2018 | Jan 31, 2018 | $0.0213 | Monthly |
| Dec 21, 2017 | - | Dec 28, 2017 | Dec 20, 2017 | $0.1555 | Monthly |
| Dec 1, 2017 | - | Dec 7, 2017 | Nov 30, 2017 | $0.5010 | Monthly |
| Nov 1, 2017 | - | Nov 7, 2017 | Oct 31, 2017 | $0.2177 | Monthly |
| Oct 2, 2017 | - | Oct 6, 2017 | Sep 29, 2017 | $0.0478 | Monthly |
| Sep 1, 2017 | - | Sep 8, 2017 | Sep 1, 2017 | $0.2366 | Monthly |
| Aug 1, 2017 | - | Aug 7, 2017 | Jul 31, 2017 | $0.2173 | Monthly |
| Jul 3, 2017 | - | Jul 10, 2017 | Jun 30, 2017 | $0.2919 | Monthly |
| Jun 1, 2017 | - | Jun 7, 2017 | - | $0.2585 | Monthly |
| May 1, 2017 | - | May 5, 2017 | - | $0.2840 | Monthly |
| Apr 3, 2017 | - | Apr 7, 2017 | Apr 3, 2017 | $0.1551 | Monthly |
| Dec 1, 2016 | - | Dec 7, 2016 | Nov 30, 2016 | $0.2437 | Monthly |
| Sep 1, 2016 | - | Sep 8, 2016 | Aug 31, 2016 | $0.4180 | Monthly |
| Aug 1, 2016 | - | Aug 5, 2016 | Jul 29, 2016 | $0.4610 | Monthly |
| Jul 1, 2016 | - | Jul 8, 2016 | Jun 30, 2016 | $0.5119 | Monthly |
| Jun 1, 2016 | - | Jun 7, 2016 | May 31, 2016 | $0.0360 | Monthly |
| Oct 1, 2015 | - | Oct 7, 2015 | Oct 1, 2015 | $0.0617 | Monthly |
| Sep 1, 2015 | - | Sep 8, 2015 | Aug 31, 2015 | $0.3077 | Monthly |
| Dec 1, 2014 | - | Dec 5, 2014 | Nov 28, 2014 | $0.0600 | Monthly |
| Sep 2, 2014 | - | Sep 8, 2014 | Aug 29, 2014 | $0.1940 | Monthly |
| Aug 1, 2014 | - | Aug 7, 2014 | Jul 31, 2014 | $0.3555 | Monthly |
| Jul 1, 2014 | - | Jul 8, 2014 | Jun 30, 2014 | $0.3438 | Monthly |
| Jun 2, 2014 | - | Jun 6, 2014 | May 30, 2014 | $0.6547 | Monthly |
| May 1, 2014 | - | May 7, 2014 | Apr 30, 2014 | $0.2582 | Monthly |
| Dec 2, 2013 | - | Dec 6, 2013 | Nov 29, 2013 | $0.0900 | Monthly |
| Nov 1, 2013 | - | Nov 7, 2013 | Nov 1, 2013 | $0.1178 | Monthly |
| Oct 1, 2013 | - | Oct 7, 2013 | Oct 1, 2013 | $0.0474 | Monthly |
| Sep 3, 2013 | - | Sep 9, 2013 | Aug 30, 2013 | $0.1030 | Monthly |
| Aug 1, 2013 | - | Aug 7, 2013 | Jul 31, 2013 | $0.0700 | Monthly |
| Jul 1, 2013 | - | Jul 8, 2013 | Jun 28, 2013 | $0.1490 | Monthly |
| Jun 3, 2013 | - | Jun 7, 2013 | May 31, 2013 | $0.2930 | Monthly |
| May 1, 2013 | - | May 7, 2013 | Apr 30, 2013 | $0.3112 | Monthly |
| Apr 1, 2013 | - | Apr 5, 2013 | Mar 28, 2013 | $0.0804 | Monthly |
| Dec 26, 2012 | - | Jan 2, 2013 | Dec 24, 2012 | $0.0086 | Monthly |
| Dec 3, 2012 | - | Dec 7, 2012 | Nov 30, 2012 | $0.4853 | Monthly |
| Nov 1, 2012 | - | Nov 7, 2012 | Oct 31, 2012 | $0.2916 | Monthly |
| Jul 2, 2012 | - | Jul 9, 2012 | - | $0.3535 | Monthly |
| Jun 1, 2012 | - | Jun 7, 2012 | - | $0.8043 | Monthly |
| May 1, 2012 | - | May 7, 2012 | - | $0.4261 | Monthly |
| Apr 2, 2012 | - | Apr 9, 2012 | - | $0.3237 | Monthly |
| Dec 1, 2011 | - | Dec 7, 2011 | - | $0.2406 | Monthly |
| Nov 1, 2011 | - | Nov 7, 2011 | - | $0.3600 | Monthly |
| Oct 3, 2011 | - | Oct 7, 2011 | - | $0.1730 | Monthly |
| Sep 1, 2011 | - | Sep 8, 2011 | - | $0.0102 | Monthly |
| Aug 1, 2011 | - | Aug 5, 2011 | - | $0.5813 | Monthly |
| Jul 1, 2011 | - | Jul 8, 2011 | - | $0.7549 | Monthly |
| Jun 1, 2011 | - | Jun 7, 2011 | - | $1.0493 | Monthly |
| May 2, 2011 | - | May 6, 2011 | - | $0.5938 | Monthly |
| Apr 1, 2011 | - | Apr 7, 2011 | - | $0.5820 | Monthly |
| Mar 1, 2011 | - | Mar 7, 2011 | - | $0.2744 | Monthly |
| Feb 1, 2011 | - | Feb 7, 2011 | - | $0.1640 | Monthly |
| Dec 28, 2010 | - | Jan 4, 2011 | - | $0.2626 | Monthly |
| Dec 1, 2010 | - | Dec 7, 2010 | - | $0.1786 | Monthly |
| Nov 1, 2010 | - | Nov 5, 2010 | - | $0.2548 | Monthly |
| Oct 1, 2010 | - | Oct 7, 2010 | - | $0.1354 | Monthly |
| Sep 1, 2010 | - | Sep 8, 2010 | - | $0.0300 | Monthly |
| Aug 2, 2010 | - | Aug 6, 2010 | - | $0.1920 | Monthly |
| Jul 1, 2010 | - | Jul 8, 2010 | - | $0.2806 | Monthly |
| Jun 1, 2010 | - | Jun 7, 2010 | - | $0.5414 | Monthly |
| May 3, 2010 | - | May 7, 2010 | - | $0.1633 | Monthly |
| Apr 1, 2010 | - | Apr 8, 2010 | - | $0.4415 | Monthly |
| Mar 1, 2010 | - | Mar 5, 2010 | - | $0.0044 | Monthly |
| Feb 1, 2010 | - | Feb 5, 2010 | - | $0.2080 | Monthly |
| Dec 29, 2009 | - | Jan 5, 2010 | - | $0.2389 | Monthly |
| Dec 1, 2009 | - | Dec 7, 2009 | - | $0.2080 | Monthly |
| Nov 2, 2009 | - | Nov 6, 2009 | - | $0.3421 | Monthly |
| Oct 1, 2009 | - | Oct 7, 2009 | - | $0.0474 | Monthly |
| Sep 1, 2009 | - | Sep 8, 2009 | - | $0.9204 | Monthly |
| Aug 3, 2009 | - | Aug 7, 2009 | - | $0.4291 | Monthly |
| Jul 1, 2009 | - | Jul 8, 2009 | - | $0.3887 | Monthly |
| Jun 1, 2009 | - | Jun 5, 2009 | - | $0.3707 | Monthly |
| May 1, 2009 | - | May 7, 2009 | - | $0.6226 | Monthly |
| Apr 1, 2009 | - | Apr 7, 2009 | - | $0.4740 | Monthly |
| Oct 1, 2008 | - | Oct 7, 2008 | - | $0.8000 | Monthly |
| Sep 2, 2008 | - | Sep 8, 2008 | - | $0.8154 | Monthly |
| Aug 1, 2008 | - | Aug 7, 2008 | - | $0.9341 | Monthly |
| Jul 1, 2008 | - | Jul 8, 2008 | - | $0.7268 | Monthly |
| Jun 2, 2008 | - | Jun 6, 2008 | - | $0.8255 | Monthly |
| May 1, 2008 | - | May 7, 2008 | - | $0.4438 | Monthly |
| Apr 3, 2008 | - | - | - | $0.6320 | - |
| Apr 1, 2008 | - | Apr 7, 2008 | - | $0.6319 | Monthly |
| Mar 3, 2008 | - | Mar 7, 2008 | - | $0.5163 | Monthly |
| Feb 1, 2008 | - | Feb 7, 2008 | - | $0.5607 | Monthly |
| Dec 27, 2007 | - | Jan 3, 2008 | - | $0.5312 | Monthly |
| Dec 3, 2007 | - | Dec 7, 2007 | - | $0.4252 | Monthly |
| Nov 1, 2007 | - | Nov 7, 2007 | - | $0.3198 | Monthly |
| Oct 1, 2007 | - | Oct 5, 2007 | - | $0.4154 | Monthly |
| Sep 4, 2007 | - | Sep 10, 2007 | - | $0.4395 | Monthly |
| Aug 1, 2007 | - | Aug 7, 2007 | - | $0.4448 | Monthly |
| Jul 2, 2007 | - | Jul 9, 2007 | - | $0.4370 | Monthly |
| Jun 1, 2007 | - | Jun 7, 2007 | - | $0.4465 | Monthly |
| May 1, 2007 | - | May 7, 2007 | - | $0.3856 | Monthly |
| Apr 2, 2007 | - | Apr 9, 2007 | - | $0.3690 | Monthly |
| Mar 1, 2007 | - | Mar 7, 2007 | - | $0.2781 | Monthly |
| Nov 1, 2006 | - | Nov 7, 2006 | - | $0.5627 | Monthly |
| Oct 2, 2006 | - | Oct 6, 2006 | - | $0.4556 | Monthly |
| Sep 1, 2006 | - | Sep 8, 2006 | - | $0.5718 | Monthly |
| Aug 1, 2006 | - | Aug 7, 2006 | - | $0.5617 | Monthly |
| Jul 3, 2006 | - | Jul 10, 2006 | - | $0.5563 | Monthly |
| Jun 1, 2006 | - | Jun 7, 2006 | - | $0.5542 | Monthly |
| May 1, 2006 | - | May 5, 2006 | - | $0.4950 | Monthly |
| Apr 3, 2006 | - | Apr 7, 2006 | - | $0.5147 | Monthly |
| Dec 28, 2005 | - | Jan 6, 2006 | - | $0.3758 | Monthly |
| Dec 1, 2005 | - | Dec 7, 2005 | - | $1.1900 | Monthly |
| Nov 1, 2005 | - | Nov 7, 2005 | - | $0.4321 | Monthly |
| Oct 3, 2005 | - | Oct 7, 2005 | - | $0.3126 | Monthly |
| Sep 1, 2005 | - | Sep 8, 2005 | - | $0.4173 | Monthly |
| Aug 1, 2005 | - | Aug 5, 2005 | - | $0.6725 | Monthly |
| Jul 1, 2005 | - | Jul 8, 2005 | - | $0.6872 | Monthly |
| Jun 1, 2005 | - | Jun 7, 2005 | - | $0.6120 | Monthly |
| May 2, 2005 | - | May 6, 2005 | - | $0.4194 | Monthly |
| Apr 1, 2005 | - | Apr 7, 2005 | - | $0.2967 | Monthly |
| Feb 1, 2005 | - | Feb 7, 2005 | - | $0.1623 | Monthly |
| Dec 31, 2004 | - | Jan 6, 2005 | - | $0.5754 | Monthly |
| Dec 1, 2004 | - | Dec 7, 2004 | - | $0.2727 | Monthly |
| Nov 1, 2004 | - | Nov 5, 2004 | - | $0.1677 | Monthly |
| Sep 1, 2004 | - | Sep 8, 2004 | - | $0.4257 | Monthly |
| Aug 2, 2004 | - | Aug 6, 2004 | - | $0.5398 | Monthly |
| Jul 1, 2004 | - | Jul 8, 2004 | - | $0.4115 | Monthly |
| Jun 1, 2004 | - | Jun 7, 2004 | - | $0.6865 | Monthly |
| May 3, 2004 | - | May 7, 2004 | - | $0.5441 | Monthly |
| Apr 1, 2004 | - | Apr 7, 2004 | - | $0.5196 | Monthly |
| Dec 31, 2003 | - | Jan 12, 2004 | - | $0.1170 | - |
Frequently Asked Questions About iShares TIPS Bond ETF Dividends
What is the dividend yield for TIP?
TIP has a dividend yield of 2.80% based on current price and annual dividend payments.
When does TIP pay dividends?
TIP pays dividends 9x/year. View the payment history table for specific ex-dividend and payment dates.
What is the ex-dividend date for TIP?
The most recent ex-dividend date for TIP is December 19, 2025. See the full history in the payment table below.
Has TIP increased its dividend?
TIP has shown dividend growth with 1 consecutive years of increases.
How much dividend does TIP pay annually?
TIP pays an annual dividend of $3.09 per share based on recent distributions.