Vanguard Russell 1000 Value (NASDAQ:VONV) Announces Dividend Increase – $0.39 Per Share

Vanguard Russell 1000 Value (NASDAQ:VONV) declared a quarterly dividend on Tuesday, June 25th, Zacks reports. Shareholders of record on Thursday, June 27th will be paid a dividend of 0.389 per share on Monday, July 1st. This represents a $1.56 annualized dividend and a dividend yield of 2.04%. The ex-dividend date of this dividend is Thursday, June 27th. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.34.

Vanguard Russell 1000 Value Trading Down 0.6 %

Shares of VONV stock traded down $0.47 on Thursday, reaching $76.39. 62,332 shares of the company’s stock were exchanged, compared to its average volume of 373,547. The company’s fifty day simple moving average is $76.89 and its 200 day simple moving average is $75.15. Vanguard Russell 1000 Value has a 52 week low of $62.92 and a 52 week high of $78.81. The stock has a market capitalization of $8.19 billion, a PE ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Company Profile

The Vanguard Russell 1000 Value ETF (VONV) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund tracks an index of value stocks selected from the 1,000 largest US companies. VONV was launched on Sep 20, 2010 and is managed by Vanguard.