iShares Russell Mid-Cap ETF (NYSEARCA:IWR) announced a quarterly dividend on Wednesday, March 20th, Wall Street Journal reports. Stockholders of record on Thursday, March 21st will be given a dividend of 0.1848 per share on Tuesday, March 26th. This represents a $0.74 annualized dividend and a dividend yield of 1.38%. The ex-dividend date is Wednesday, March 20th.
Shares of IWR traded down $0.53 during trading hours on Wednesday, hitting $53.38. 2,445,155 shares of the stock were exchanged, compared to its average volume of 1,893,432. iShares Russell Mid-Cap ETF has a fifty-two week low of $43.64 and a fifty-two week high of $56.23.
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iShares Russell Mid-Cap ETF Company Profile
iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market.
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