Vanguard Russell 1000 Value (NASDAQ:VONV) announced a quarterly dividend on Wednesday, March 25th, Zacks reports. Shareholders of record on Friday, March 27th will be paid a dividend of 0.714 per share on Tuesday, March 31st. This represents a $2.86 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date is Thursday, March 26th.
Vanguard Russell 1000 Value has increased its dividend payment by an average of 9.5% annually over the last three years and has increased its dividend every year for the last 9 years.
VONV stock traded up $4.10 during midday trading on Thursday, reaching $88.57. 16,126 shares of the company traded hands, compared to its average volume of 225,697. Vanguard Russell 1000 Value has a 52-week low of $73.92 and a 52-week high of $121.82. The business has a 50 day moving average of $105.86 and a 200-day moving average of $113.62.
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