iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) to Issue Dividend Increase – $0.55 Per Share

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) declared a quarterly dividend on Monday, December 15th, NASDAQ Dividends reports. Stockholders of record on Tuesday, December 16th will be given a dividend of 0.5515 per share on Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Tuesday, December 16th. This is a 17.0% increase from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.47.

iShares Core S&P U.S. Value ETF Stock Down 1.3%

IUSV stock traded down $1.32 during trading on Tuesday, hitting $102.14. 903,634 shares of the company’s stock traded hands, compared to its average volume of 826,468. The firm has a market capitalization of $23.74 billion, a P/E ratio of 20.41 and a beta of 0.90. iShares Core S&P U.S. Value ETF has a 1 year low of $80.14 and a 1 year high of $104.11. The business has a fifty day simple moving average of $101.15 and a two-hundred day simple moving average of $98.08.

About iShares Core S&P U.S. Value ETF

The iShares Core S&P U.S. Value ETF (IUSV) is an exchange-traded fund that is based on the S&P 900 Value index. The fund tracks an index of large- and mid-cap value stocks in the US. The index selects from stocks ranked 1-3000 by market-cap based on 3 value factors. IUSV was launched on Jul 24, 2000 and is managed by BlackRock.