iShares Russell Microcap Index (IWC) Plans Dividend Increase – $0.41 Per Share

iShares Russell Microcap Index (NYSEARCA:IWC) announced a quarterly dividend on Friday, December 22nd, Wall Street Journal reports. Investors of record on Friday, December 22nd will be given a dividend of 0.4084 per share by the exchange traded fund on Thursday, December 28th. This represents a $1.63 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date is Thursday, December 21st. This is an increase from iShares Russell Microcap Index’s previous quarterly dividend of $0.20.

iShares Russell Microcap Index (NYSEARCA:IWC) traded down $0.05 during mid-day trading on Friday, reaching $96.04. The company had a trading volume of 23,097 shares, compared to its average volume of 42,779. iShares Russell Microcap Index has a 12-month low of $81.65 and a 12-month high of $97.35. The firm has a market cap of $900.12 and a PE ratio of 41.76.

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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.

Dividend History for iShares Russell Microcap Index (NYSEARCA:IWC)

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