iShares Select Dividend ETF (NASDAQ:DVY) announced a quarterly dividend on Monday, June 17th, Wall Street Journal reports. Investors of record on Tuesday, June 18th will be given a dividend of 0.8823 per share on Friday, June 21st. This represents a $3.53 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date of this dividend is Monday, June 17th. This is a boost from iShares Select Dividend ETF’s previous quarterly dividend of $0.87.
iShares Select Dividend ETF has increased its dividend by an average of 7.3% per year over the last three years.
NASDAQ:DVY opened at $97.97 on Wednesday. iShares Select Dividend ETF has a 52-week low of $84.62 and a 52-week high of $102.54.
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iShares Select Dividend ETF, formerly iShares Dow Jones Select Dividend Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.
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