Vanguard Mega Cap ETF (NYSEARCA:MGC) Declares Quarterly Dividend of $0.60

Vanguard Mega Cap ETF (NYSEARCA:MGC) declared a quarterly dividend on Thursday, April 3rd. Shareholders of record on Monday, December 22nd will be paid a dividend of 0.5968 per share on Wednesday, December 24th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Monday, December 22nd. This is a 2.9% increase from Vanguard Mega Cap ETF’s previous quarterly dividend of $0.58.

Vanguard Mega Cap ETF Price Performance

Shares of MGC stock traded up $2.43 during mid-day trading on Friday, hitting $250.86. 85,283 shares of the stock traded hands, compared to its average volume of 141,745. Vanguard Mega Cap ETF has a 52-week low of $173.32 and a 52-week high of $254.46. The stock has a market cap of $8.79 billion, a P/E ratio of 26.06 and a beta of 1.01. The stock’s fifty day moving average is $248.61 and its two-hundred day moving average is $237.48.

Vanguard Mega Cap ETF Company Profile

The Vanguard Mega Cap ETF (MGC) is an exchange-traded fund that is based on the CRSP US Mega Cap index, a market-cap-weighted index that covers 70% of the market capitalization of the US equity market. MGC was launched on Dec 24, 2007 and is managed by Vanguard.