Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Announces Dividend Increase – $0.35 Per Share

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) declared a monthly dividend on Tuesday, January 27th. Shareholders of record on Monday, November 2nd will be given a dividend of $0.3501 per share on Wednesday, November 4th. This represents a $4.20 annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Monday, November 2nd. This is a 3.0% increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.3398.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.2%

Shares of NASDAQ:VCIT opened at $79.69 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.61 and a 52-week high of $84.84. The company has a 50-day simple moving average of $79.48 and a 200 day simple moving average of $81.92.

About Vanguard Intermediate-Term Corporate Bond ETF

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.