Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Raises Dividend to $0.37 Per Share

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) announced a monthly dividend on Tuesday, January 27th. Stockholders of record on Monday, November 2nd will be paid a dividend of $0.3660 per share by the exchange traded fund on Wednesday, November 4th. This represents a $4.39 annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Monday, November 2nd. This is a 4.6% increase from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.3498.

Vanguard Long-Term Corporate Bond ETF Stock Performance

VCLT opened at $70.63 on Friday. Vanguard Long-Term Corporate Bond ETF has a 1 year low of $67.56 and a 1 year high of $78.04. The stock’s 50 day simple moving average is $70.40 and its 200-day simple moving average is $73.70.

Vanguard Long-Term Corporate Bond ETF Company Profile

Vanguard Long Term Corporate Bond ETF (the Fund) seeks to track the performance of a market-weighted corporate bond index with a long-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. 10+ Year Corporate Index (the Index). This index includes the United States dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility and financial companies, with maturities greater than 10 years.