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

Vanguard Real Estate ETF (NYSEARCA:VNQ) declared a dividend on Tuesday, March 5th, NASDAQ reports. Stockholders 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 a boost from Vanguard Real Estate ETF’s previous dividend of $0.93.

Vanguard Real Estate ETF Price Performance

Shares of VNQ traded up $0.81 during mid-day trading on Thursday, reaching $84.13. 3,993,171 shares of the company’s stock were exchanged, compared to its average volume of 4,407,863. The stock has a market capitalization of $33.11 billion, a PE ratio of 22.09 and a beta of 1.03. The business’s fifty day simple moving average is $82.48 and its 200-day simple moving average is $84.43. Vanguard Real Estate ETF has a 52-week low of $70.61 and a 52-week high of $90.09.

Vanguard Real Estate ETF Company Profile

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.