iShares Russell Microcap Index (IWC) Raises Dividend to $0.25 Per Share
iShares Russell Microcap Index (NYSE:IWC) announced a quarterly dividend on Friday, July 7th, Wall Street Journal reports. Stockholders of record on Monday, July 10th will be given a dividend of 0.2476 per share by the exchange traded fund on Wednesday, July 12th. This represents a $0.99 annualized dividend and a dividend yield of 1.12%. The ex-dividend date of this dividend is Thursday, July 6th. This is a positive change from iShares Russell Microcap Index’s previous quarterly dividend of $0.19.
iShares Russell Microcap Index has raised its dividend payment by an average of 9.3% annually over the last three years.
iShares Russell Microcap Index (IWC) traded up 0.84% during mid-day trading on Friday, hitting $88.81. 47,878 shares of the stock traded hands. iShares Russell Microcap Index has a one year low of $69.48 and a one year high of $89.89. The company has a 50 day moving average price of $86.67 and a 200-day moving average price of $85.63.
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iShares Russell Microcap Index Company Profile
iShares Micro-Cap ETF, formerly iShares Russell Microcap Index Fund, is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Microcap Index (the Index). The Index measures the microcap sector of the United States equity market.
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