iShares Russell Mid-Cap Value ETF (IWS) Increases Dividend to $0.59 Per Share

iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) declared a quarterly dividend on Thursday, September 27th, Wall Street Journal reports. Shareholders of record on Thursday, September 27th will be given a dividend of 0.5869 per share on Tuesday, October 2nd. This represents a $2.35 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date of this dividend is Wednesday, September 26th. This is an increase from iShares Russell Mid-Cap Value ETF’s previous quarterly dividend of $0.50.

NYSEARCA IWS traded up $0.04 during trading on Thursday, reaching $89.90. The company’s stock had a trading volume of 231,846 shares, compared to its average volume of 438,036. iShares Russell Mid-Cap Value ETF has a twelve month low of $82.40 and a twelve month high of $92.95.

About iShares Russell Mid-Cap Value ETF

iShares Russell Mid-Cap Value ETF (the Fund), formerly iShares Russell Midcap Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Value Index (the Value Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market.

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