iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) Declares Dividend Increase – $0.52 Per Share

iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) declared a quarterly dividend on Monday, September 14th. Investors of record on Tuesday, September 15th will be paid a dividend of 0.5179 per share on Friday, September 18th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a 23.9% increase from iShares Morningstar Mid-Cap Value ETF’s previous quarterly dividend of $0.42.

iShares Morningstar Mid-Cap Value ETF Price Performance

iShares Morningstar Mid-Cap Value ETF stock opened at $96.24 on Tuesday. iShares Morningstar Mid-Cap Value ETF has a 12 month low of $77.65 and a 12 month high of $99.01. The company has a fifty day moving average price of $96.18 and a two-hundred day moving average price of $91.03. The company has a market cap of $1.17 billion, a PE ratio of 16.35 and a beta of 0.86.

iShares Morningstar Mid-Cap Value ETF Company Profile

The iShares Morningstar Mid-Cap Value ETF (IMCV) is an exchange-traded fund that is based on the Morningstar US Mid Cap Broad Value index. The fund tracks a market cap-weighted index of US mid-cap stocks companies selected based on their value characteristics. IMCV was launched on Jun 28, 2004 and is managed by BlackRock.