iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) Raises Dividend to $0.99 Per Share

iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) declared a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Shareholders of record on Thursday, March 26th will be paid a dividend of 0.9947 per share on Tuesday, March 31st. This represents a $3.98 dividend on an annualized basis and a yield of 3.59%. The ex-dividend date is Wednesday, March 25th. This is a positive change from iShares S&P Mid-Cap 400 Value ETF’s previous quarterly dividend of $0.85.

NYSEARCA IJJ traded up $4.35 on Thursday, hitting $110.93. 3,526 shares of the stock were exchanged, compared to its average volume of 275,502. The company has a 50-day moving average price of $143.86 and a 200-day moving average price of $159.66. iShares S&P Mid-Cap 400 Value ETF has a fifty-two week low of $90.68 and a fifty-two week high of $173.51.

iShares S&P Mid-Cap 400 Value ETF Company Profile

iShares S&P Mid-Cap 400 Value ETF, formerly iShares S&P MidCap 400 Value Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P MidCap 400 Value Index (the Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market and consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics.

Further Reading: The Role of a Fiduciary and Individual Investors

Dividend History for iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

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