Schwab US Small-Cap ETF (SCHA) Plans Dividend Increase – $0.22 Per Share
Schwab US Small-Cap ETF (NYSEARCA:SCHA) 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 0.2213 per share on Friday, September 28th. This represents a $0.89 annualized dividend and a yield of 1.17%. The ex-dividend date is Tuesday, September 25th. This is a positive change from Schwab US Small-Cap ETF’s previous quarterly dividend of $0.18.
SCHA stock traded down $0.72 during trading on Wednesday, hitting $75.95. 235,909 shares of the company’s stock traded hands, compared to its average volume of 415,376. Schwab US Small-Cap ETF has a 1 year low of $65.16 and a 1 year high of $78.34.
A hedge fund recently raised its stake in Schwab US Small-Cap ETF stock. Bank of New York Mellon Corp boosted its holdings in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 13.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,632 shares of the company’s stock after buying an additional 919 shares during the quarter. Bank of New York Mellon Corp’s holdings in Schwab US Small-Cap ETF were worth $561,000 as of its most recent SEC filing.
Schwab U.S. Small-Cap ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index. The Dow Jones U.S. Small-Cap Total Stock Market Index includes the components ranked 751-2500 by full market capitalization. The Index is a float-adjusted market capitalization weighted index.
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