iShares Select Dividend ETF (NASDAQ:DVY) to Issue Dividend Increase – $1.62 Per Share

iShares Select Dividend ETF (NASDAQ:DVY) announced a quarterly dividend on Monday, December 15th. Investors of record on Tuesday, December 16th will be given a dividend of 1.6162 per share on Friday, December 19th. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Tuesday, December 16th. This is a 29.7% increase from iShares Select Dividend ETF’s previous quarterly dividend of $1.25.

iShares Select Dividend ETF Stock Up 0.2%

Shares of DVY opened at $144.43 on Tuesday. iShares Select Dividend ETF has a 52-week low of $115.94 and a 52-week high of $145.03. The firm has a market capitalization of $21.14 billion, a PE ratio of 13.69 and a beta of 0.77. The firm has a 50-day moving average price of $141.00 and a 200 day moving average price of $138.39.

iShares Select Dividend ETF Company Profile

iShares Select Dividend ETF, formerly iShares Dow Jones Select Dividend Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.