Vanguard Utilities ETF (NYSEARCA:VPU) Plans Dividend Increase – $1.24 Per Share

Vanguard Utilities ETF (NYSEARCA:VPU) declared a dividend on Tuesday, March 5th, NASDAQ reports. Shareholders of record on Friday, June 28th will be given a dividend of 1.2449 per share on Tuesday, July 2nd. The ex-dividend date of this dividend is Friday, June 28th. This is a boost from Vanguard Utilities ETF’s previous dividend of $1.11.

Vanguard Utilities ETF Price Performance

NYSEARCA VPU traded up $0.21 on Thursday, hitting $150.52. The stock had a trading volume of 101,271 shares, compared to its average volume of 209,169. The business’s fifty day moving average price is $151.57 and its 200 day moving average price is $141.66. Vanguard Utilities ETF has a 52-week low of $118.81 and a 52-week high of $158.07. The stock has a market cap of $5.42 billion, a price-to-earnings ratio of 20.65 and a beta of 0.56.

Vanguard Utilities ETF Company Profile

Vanguard Utilities ETF (the Fund) is an exchange-traded class of shares issued by Vanguard Utilities Index Fund. The Fund tracks the performance of Morgan Stanley Capital International United States Investable Market Utilities Index, an index made up of stocks of large, medium-size and small United States companies in the utilities sector, as classified under the Global Industry Classification Standard (GICS).