iShares S&P 500 Value ETF (NYSEARCA:IVE) declared a quarterly dividend on Tuesday, December 19th, Wall Street Journal reports. Shareholders of record on Wednesday, December 20th will be given a dividend of 0.6257 per share on Tuesday, December 26th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date of this dividend is Tuesday, December 19th.

iShares S&P 500 Value ETF (NYSEARCA:IVE) traded down $1.06 during mid-day trading on Tuesday, hitting $113.72. 624,746 shares of the company’s stock were exchanged, compared to its average volume of 860,064. iShares S&P 500 Value ETF has a 12-month low of $100.97 and a 12-month high of $115.11.

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