Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) to Issue Dividend Increase – $0.88 Per Share

Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) announced a quarterly dividend on Thursday, April 3rd. Shareholders of record on Monday, December 22nd will be paid a dividend of 0.8844 per share on Wednesday, December 24th. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Monday, December 22nd. This is a 2.3% increase from Vanguard Dividend Appreciation ETF’s previous quarterly dividend of $0.86.

Vanguard Dividend Appreciation ETF Price Performance

Vanguard Dividend Appreciation ETF stock traded up $1.29 during mid-day trading on Friday, hitting $220.66. 1,605,362 shares of the company were exchanged, compared to its average volume of 1,129,086. Vanguard Dividend Appreciation ETF has a 12-month low of $169.32 and a 12-month high of $224.59. The business’s 50 day simple moving average is $218.42 and its two-hundred day simple moving average is $212.05. The company has a market capitalization of $100.04 billion, a P/E ratio of 23.32 and a beta of 0.85.

Vanguard Dividend Appreciation ETF Company Profile

Vanguard Dividend Appreciation ETF (the Fund) seeks to track the investment performance of the Dividend Achievers Select Index. Vanguard Dividend Appreciation ETF is an exchange-traded share class of Vanguard Dividend Appreciation Index Fund. The Fund will hold all the stocks in the index in approximately the same proportions as their weightings in the index. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.