Vanguard FTSE Canada Index ETF (TSE:VCE) Increases Dividend to $0.41 Per Share

Vanguard FTSE Canada Index ETF (TSE:VCE) announced a quarterly dividend on Friday, September 18th. Investors of record on Friday, September 25th will be paid a dividend of 0.4137 per share on Friday, September 25th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, September 18th. This is a 1.0% increase from Vanguard FTSE Canada Index ETF’s previous quarterly dividend of $0.41.

Vanguard FTSE Canada Index ETF Price Performance

VCE stock traded down C$0.24 during mid-day trading on Wednesday, reaching C$76.69. The company had a trading volume of 19,789 shares, compared to its average volume of 32,046. The firm has a 50 day moving average of C$77.48 and a 200 day moving average of C$74.37. Vanguard FTSE Canada Index ETF has a 12 month low of C$63.53 and a 12 month high of C$79.69.

Vanguard FTSE Canada Index ETF Company Profile

The investment objective of Vanguard FTSE Canada Index ETF (the ETF) is to track, to the extent reasonably possible and before fees and expenses, the performance of FTSE Canada Domestic Index (the Index). The Index is a market capitalization-weighted index representing the performance of Canadian large- and mid-capitalization stocks. To achieve its investment objective, the ETF employs a passive management, or indexing, investment approach designed to track the performance of the Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.