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

Vanguard Mega Cap Value ETF (NYSEARCA:MGV) announced a quarterly dividend on Tuesday, January 27th. Stockholders of record on Monday, September 28th will be given a dividend of $0.7244 per share on Wednesday, September 30th. This represents a $2.90 dividend on an annualized basis and a dividend 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%

NYSEARCA:MGV 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 stock’s 50-day moving average price is $166.01 and its 200-day moving average price is $158.60. The stock has a market capitalization of $13.55 billion, a PE ratio of 18.48 and a beta of 0.72.

About Vanguard Mega Cap Value ETF

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.