The Vanguard Small-Cap Value ETF (NYSEARCA:VBR) has announced a quarterly dividend of $1.06 per share, set to be paid on December 24, 2023. This decision marks a significant increase from the previous quarterly dividend of $0.93, reflecting a growth of 13.8%.
Shareholders who are on record as of December 22, 2023, will be eligible to receive this dividend. The ex-dividend date is also December 22, 2023, meaning investors must hold the shares before this date to qualify for the payment.
Stock Performance and Market Position
During midday trading on Friday, shares of the Vanguard Small-Cap Value ETF rose by $0.46, reaching a price of $215.25. The trading volume for the day was 463,708 shares, surpassing the average volume of 441,591 shares.
Over the past year, the ETF’s price has fluctuated significantly, with a fifty-two week low of $160.23 and a high of $218.90. The ETF’s performance is also reflected in its moving averages, with a 50-day average of $208.82 and a 200-day average of $204.50.
With a market capitalization of $32.36 billion and a price-to-earnings ratio of 14.99, Vanguard Small-Cap Value ETF continues to attract investor interest in the small-cap sector. Its beta of 1.05 indicates that the ETF generally moves in line with market trends, providing a measure of stability for investors.
The announcement of the dividend highlights Vanguard’s commitment to providing value to its shareholders and signifies the company’s ongoing growth in the small-cap investment space.
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