Vanguard FTSE Canada Index ETF (TSE:VCE) Announces Dividend Increase – $0.41 Per Share

Vanguard FTSE Canada Index ETF (TSE:VCE) announced a quarterly dividend on Friday, June 19th, TickerTech Dividends reports. Investors of record on Friday, June 26th will be given a dividend of 0.4095 per share on Friday, June 26th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, June 19th. This is a 8.5% increase from Vanguard FTSE Canada Index ETF’s previous quarterly dividend of $0.38.

Vanguard FTSE Canada Index ETF Stock Performance

TSE:VCE traded down C$0.52 during mid-day trading on Wednesday, reaching C$75.68. The stock had a trading volume of 35,219 shares, compared to its average volume of 37,092. The firm has a 50 day moving average price of C$73.28 and a two-hundred day moving average price of C$70.90. Vanguard FTSE Canada Index ETF has a one year low of C$57.78 and a one year high of C$76.66.

Vanguard FTSE Canada Index ETF Company Profile

The investment objective of Vanguard FTSE Canada Index ETF (the ETF) is to track, to the extent reasonably possible and before fees and expenses, the performance of FTSE Canada Domestic Index (the Index). The Index is a market capitalization-weighted index representing the performance of Canadian large- and mid-capitalization stocks. To achieve its investment objective, the ETF employs a passive management, or indexing, investment approach designed to track the performance of the Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.