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

Vanguard Mega Cap Value ETF (NYSEARCA:MGV) 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

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.