Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Increases Dividend to $0.73 Per Share

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) announced an annual dividend on Thursday, December 12th, Wall Street Journal reports. Investors of record on Friday, December 13th will be given a dividend of 0.7335 per share on Tuesday, December 17th. This represents a yield of 3%. The ex-dividend date is Thursday, December 12th. This is an increase from Schwab Emerging Markets Equity ETF’s previous annual dividend of $0.01.

Schwab Emerging Markets Equity ETF stock traded down $0.39 during trading hours on Thursday, reaching $26.58. 975,773 shares of the stock were exchanged, compared to its average volume of 1,230,959. Schwab Emerging Markets Equity ETF has a 52-week low of $22.90 and a 52-week high of $27.13. The firm’s 50 day moving average is $26.45 and its 200 day moving average is $25.70.

About Schwab Emerging Markets Equity ETF

Schwab Emerging Markets Equity ETF (the Fund) seeks to track the total return of the FTSE All-Emerging Index (the Index). The Fund’s index consists of large and mid capitalization companies in emerging market countries. The Index defines the large and mid capitalization universe as approximately the top 90% of the eligible universe.

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