Schwab U.S. Mid-Cap ETF (SCHM) Raises Dividend to $0.19 Per Share

Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) declared a quarterly dividend on Wednesday, September 26th, Wall Street Journal reports. Investors of record on Wednesday, September 26th will be paid a dividend of 0.1924 per share on Friday, September 28th. This represents a $0.77 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date is Tuesday, September 25th. This is a positive change from Schwab U.S. Mid-Cap ETF’s previous quarterly dividend of $0.13.

SCHM stock traded up $0.22 during midday trading on Thursday, hitting $57.80. The stock had a trading volume of 35,918 shares, compared to its average volume of 314,778. Schwab U.S. Mid-Cap ETF has a 52-week low of $49.56 and a 52-week high of $58.83.

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