The Vanguard Small-Cap Value ETF (NYSEARCA: VBR) has declared a quarterly dividend of $1.06 per share, set to be distributed on December 24, 2023. Shareholders on record as of December 22, 2023, will receive this dividend, marking a significant increase from the previous quarterly payment of $0.93. This adjustment represents a 13.8% rise and translates to an annualized yield of 2.0%.
The ex-dividend date is also scheduled for December 22, 2023, meaning that investors must hold shares before this date to qualify for the upcoming distribution. The Vanguard Small-Cap Value ETF has been active in providing returns to its investors, showcasing its commitment to shareholder value.
Recent Stock Performance
On the trading day following the announcement, shares of the Vanguard Small-Cap Value ETF rose by $0.46, reaching $215.25 during midday trading. The ETF saw a trading volume of 463,708 shares, surpassing its average volume of 441,591 shares.
Over the past year, VBR has experienced a trading range with a fifty-two week low of $160.23 and a fifty-two week high of $218.90. The firm’s performance is reflected in its moving averages, which stand at $208.82 for the past fifty days and $204.50 over two hundred days. The Vanguard Small-Cap Value ETF currently holds a market capitalization of $32.36 billion, a price-to-earnings ratio of 14.99, and a beta of 1.05, indicating a moderate level of volatility compared to the broader market.
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In summary, the Vanguard Small-Cap Value ETF’s announcement of a quarterly dividend increase not only enhances its appeal to current shareholders but also reflects the firm’s robust performance in the market. As the distribution date approaches, investors will be keenly watching the ETF’s performance and overall market conditions.
