Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Plans Quarterly Dividend of $0.72

by · The Cerbat Gem

Vanguard Mega Cap Value ETF (NYSEARCA:MGV – Get Free Report) announced a quarterly dividend on Tuesday, January 27th. Shareholders of record on Monday, September 28th will be paid a dividend of $0.7244 per share on Wednesday, September 30th. This represents a $2.90 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Monday, September 28th. This is a 1.0% decrease from Vanguard Mega Cap Value ETF’s previous quarterly dividend of $0.7320.

Vanguard Mega Cap Value ETF Stock Up 0.5%

Shares of Vanguard Mega Cap Value ETF stock opened at $164.64 on Friday. Vanguard Mega Cap Value ETF has a 52 week low of $135.26 and a 52 week high of $169.84. The business has a 50 day moving average price of $166.01 and a 200-day moving average price of $158.60. The company has a market cap of $13.55 billion, a PE ratio of 18.48 and a beta of 0.72.

Vanguard Mega Cap Value ETF Company Profile

(Get Free Report)

Vanguard Mega Cap Value ETF, formerly Vanguard Mega Cap 300 Value Index ETF, seeks to track the performance of a benchmark index that measures the investment return of the largest-capitalization value stocks in the United States. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Large-Cap Value Index, which represents the value companies of the MSCI US Large-Cap 300 Index. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.

Further Reading