Vanguard Real Estate ETF (NYSEARCA:VNQ) to Issue Dividend Increase – $1.03 Per Share

Vanguard Real Estate ETF (NYSEARCA:VNQ) declared a dividend on Tuesday, March 5th, NASDAQ reports. Stockholders of record on Friday, June 28th will be given a dividend of 1.0328 per share by the exchange traded fund on Tuesday, July 2nd. The ex-dividend date of this dividend is Friday, June 28th. This is an increase from Vanguard Real Estate ETF’s previous dividend of $0.93.

Vanguard Real Estate ETF Stock Performance

Shares of Vanguard Real Estate ETF stock traded up $0.81 on Thursday, hitting $84.13. The stock had a trading volume of 3,993,171 shares, compared to its average volume of 4,407,863. The stock has a 50 day moving average of $82.48 and a 200 day moving average of $84.43. Vanguard Real Estate ETF has a twelve month low of $70.61 and a twelve month high of $90.09. The firm has a market capitalization of $33.11 billion, a P/E ratio of 22.09 and a beta of 1.03.

About Vanguard Real Estate ETF

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.