Vanguard Financials ETF (NYSEARCA:VFH) to Issue Dividend Increase – $0.46 Per Share

Vanguard Financials ETF (NYSEARCA:VFH) announced a dividend on Thursday, February 29th, NASDAQ reports. Shareholders of record on Friday, June 28th will be given a dividend of 0.4608 per share on Tuesday, July 2nd. The ex-dividend date is Friday, June 28th. This is a boost from Vanguard Financials ETF’s previous dividend of $0.44.

Vanguard Financials ETF Price Performance

Shares of NYSEARCA VFH traded up $0.07 during trading hours on Thursday, hitting $99.83. 136,089 shares of the company’s stock were exchanged, compared to its average volume of 428,908. The stock has a market capitalization of $9.20 billion, a price-to-earnings ratio of 14.43 and a beta of 0.96. The company’s 50-day moving average price is $100.11 and its 200-day moving average price is $97.21. Vanguard Financials ETF has a 1-year low of $75.71 and a 1-year high of $103.05.

Vanguard Financials ETF Company Profile

Vanguard Financials ETF (the Fund) is an exchange-traded share class of Vanguard Financials Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Financials Index, an index of stocks of large, medium and small United States companies in the financials sector, as classified under the Global Industry Classification Standard (GICS).