Vanguard Extended Market ETF Boosts Dividend to $0.66 Per Share

The Vanguard Extended Market ETF (NYSEARCA:VXF) has announced an increase in its quarterly dividend, raising it to $0.66 per share. This decision was made public on April 3, 2024, and marks a significant enhancement from the previous dividend of $0.58. Shareholders on record as of December 22, 2024, will receive the new dividend on December 24, 2024. This adjustment reflects a 13.9% increase and results in an annualized dividend yield of 1.2%.

This announcement has positively impacted the stock’s performance. During mid-day trading on Friday, shares of the Vanguard Extended Market ETF rose by 1.1%, reaching $212.90. On that day, approximately 442,508 shares changed hands, a volume lower than its average of 534,557 shares. The stock has shown resilience with a market capitalization of $24.86 billion, a price-to-earnings ratio of 19.00, and a beta of 1.18, indicating its volatility relative to the market.

Investors may find reassurance in the fund’s performance over the past year. The Vanguard Extended Market ETF has recorded a fifty-two week low of $146.68 and a high of $217.58. The stock’s movement aligns with market trends, evidenced by its fifty-day simple moving average of $209.51 and a two-hundred day simple moving average of $203.34.

As Vanguard continues to enhance shareholder value through increased dividends, it reinforces its commitment to providing competitive returns in a dynamic market environment. Investors are encouraged to stay updated by subscribing to daily summaries of news and analysts’ ratings related to Vanguard Extended Market ETF and other investment opportunities.