Vanguard Small-Cap Value ETF (NYSEARCA:VBR) has announced a quarterly dividend of $1.06 per share, set to be distributed on December 24, 2023. This dividend will benefit shareholders of record as of December 22, marking a significant increase from the prior quarterly dividend of $0.93 per share.
The new dividend represents an annualized yield of 2.0%, showcasing a robust 13.8% increase compared to previous distributions. The ex-dividend date, marking the last day that shares must be held to receive the dividend, is also set for December 22.
Stock Performance Insights
On December 20, 2023, shares of the Vanguard Small-Cap Value ETF experienced upward movement, trading at $215.25, an increase of $0.46 during midday trading. The trading volume reached 463,708 shares, surpassing the average volume of 441,591 shares, indicating robust investor interest.
Within the last year, the ETF has demonstrated considerable volatility, with a fifty-two week low of $160.23 and a high of $218.90. An analysis of moving averages shows a 50-day moving average price of $208.82 and a 200-day moving average price of $204.50. The ETF currently holds a market capitalization of $32.36 billion and a price-to-earnings ratio of 14.99, with a beta value of 1.05, indicating its relative volatility compared to the market.
This dividend announcement is an important development for investors looking for income-generating investments in the small-cap sector. The Vanguard Small-Cap Value ETF continues to attract attention as it aligns with trends in market performance and investor strategy.
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