Vanguard Total International Stock ETF Declares $1.36 Dividend

The Vanguard Total International Stock ETF (NASDAQ: VXUS) has announced a quarterly dividend of $1.36 per share, set to be distributed on December 23, 2023. This decision, revealed on December 17, marks a significant increase from the previous quarterly dividend of $0.36, representing a remarkable 279% rise.

Stockholders who are on record as of December 19 will be eligible to receive the dividend. The ex-dividend date for this distribution is also December 19, meaning that shares must be purchased before this date to qualify for the upcoming payment.

Market Reaction and ETF Performance

Following the announcement, shares of the Vanguard Total International Stock ETF experienced a slight decline, trading down 1.2% to $74.67 during midday trading on December 19. A total of 7,430,995 shares changed hands, which exceeded the average trading volume of 4,571,302 shares.

With a market capitalization of approximately $109.17 billion, the ETF is characterized by a price-to-earnings (P/E) ratio of 15.99 and a beta of 0.79, indicating lower volatility compared to the overall market. Over the past year, the ETF has fluctuated within a range, with a 52-week low of $54.98 and a 52-week high of $76.25. Its fifty-day simple moving average stands at $74.59, while the two-hundred-day average is $71.96.

Vanguard Total International Stock ETF continues to attract attention from investors, particularly due to its focus on diversifying portfolios with international equities. The substantial increase in the dividend reflects a strong commitment to returning value to shareholders, which may enhance investor confidence in the fund’s long-term prospects.

As shareholders await the upcoming distribution, the ETF remains a crucial component for those seeking exposure to international markets while benefiting from substantial dividend yields.