iShares Morningstar Mid-Cap ETF (NASDAQ:JKI) to Issue Quarterly Dividend of $0.81

iShares Morningstar Mid-Cap ETF (NASDAQ:JKI) announced a quarterly dividend on Tuesday, December 19th, Wall Street Journal reports. Shareholders of record on Wednesday, December 20th will be paid a dividend of 0.8122 per share on Tuesday, December 26th. This represents a $3.25 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date is Tuesday, December 19th.

Shares of iShares Morningstar Mid-Cap ETF (JKI) traded up $2.28 during trading hours on Thursday, hitting $164.42. The company had a trading volume of 11,200 shares, compared to its average volume of 9,988. iShares Morningstar Mid-Cap ETF has a 1 year low of $142.90 and a 1 year high of $164.42. The firm has a market cap of $418.62, a P/E ratio of 17.31 and a beta of 1.02.

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About iShares Morningstar Mid-Cap ETF

iShares Morningstar Mid Cap Value ETF, formerly iShares Morningstar Mid Value Index Fund (the Value Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Morningstar Mid Value Index (the Value Index). The Value Index measures the performance of stocks issued by mid-capitalization companies that have exhibited above-average value characteristics as determined by Morningstar’s index methodology.

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