Vanguard Real Estate ETF (NYSEARCA:VNQ) Increases Dividend to $1.03 Per Share

Vanguard Real Estate ETF (NYSEARCA:VNQ) declared a dividend on Tuesday, March 5th, NASDAQ reports. Investors of record on Friday, June 28th will be paid a dividend of 1.0328 per share by the exchange traded fund on Tuesday, July 2nd. The ex-dividend date of this dividend is Friday, June 28th. This is an increase from Vanguard Real Estate ETF’s previous dividend of $0.93.

Vanguard Real Estate ETF Trading Up 1.0 %

Shares of VNQ stock traded up $0.81 during midday trading on Thursday, reaching $84.13. 3,993,171 shares of the stock were exchanged, compared to its average volume of 4,407,863. The firm has a market cap of $33.11 billion, a PE ratio of 22.09 and a beta of 1.03. The company’s 50 day moving average is $82.48 and its two-hundred day moving average is $84.43. Vanguard Real Estate ETF has a 1 year low of $70.61 and a 1 year high of $90.09.

About Vanguard Real Estate ETF

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.