Vanguard Financials ETF (NYSEARCA:VFH) announced a quarterly dividend on Thursday, March 15th, Wall Street Journal reports. Shareholders of record on Monday, March 19th will be paid a dividend of 0.2477 per share on Wednesday, March 21st. This represents a $0.99 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date is Friday, March 16th.
Shares of Vanguard Financials ETF stock traded down $2.54 during midday trading on Thursday, reaching $69.70. 823,364 shares of the company’s stock were exchanged, compared to its average volume of 833,910. Vanguard Financials ETF has a 52 week low of $58.24 and a 52 week high of $75.48. The firm has a market cap of $8,350.00 and a P/E ratio of 8.58.
About Vanguard Financials ETF
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).
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