iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) declared a quarterly dividend on Wednesday, March 20th, Wall Street Journal reports. Stockholders of record on Thursday, March 21st will be given a dividend of 0.2275 per share on Tuesday, March 26th. This represents a $0.91 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend is Wednesday, March 20th. This is a boost from iShares Russell Top 200 Growth ETF’s previous quarterly dividend of $0.02.
Shares of iShares Russell Top 200 Growth ETF stock traded down $0.07 during midday trading on Wednesday, hitting $81.86. The company had a trading volume of 11,761 shares, compared to its average volume of 103,789. iShares Russell Top 200 Growth ETF has a 1-year low of $66.58 and a 1-year high of $86.21.
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About iShares Russell Top 200 Growth ETF
iShares Russell Top 200 Growth ETF (the Fund), formerly iShares Russell Top 200 Growth Index Fund, seeks investment results that correspond generally to the price and yield performance of the Russell Top 200 Growth Index (the Growth Index). The Growth Index is a style factor weighted index that measures the performance of the largest capitalization growth sector of the United States equity market.
Further Reading: What is Cost of Goods Sold (COGS)?
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