iShares Russell Midcap Value Index Announces Quarterly Dividend of $0.50 (IWS)

iShares Russell Midcap Value Index (NYSEARCA:IWS) announced a quarterly dividend on Friday, December 22nd, Wall Street Journal reports. Shareholders of record on Friday, December 22nd will be given a dividend of 0.5007 per share on Thursday, December 28th. This represents a $2.00 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend is Thursday, December 21st.

iShares Russell Midcap Value Index (NYSEARCA:IWS) traded up $0.18 on Friday, hitting $89.03. The company’s stock had a trading volume of 295,044 shares, compared to its average volume of 460,277. iShares Russell Midcap Value Index has a 1 year low of $80.23 and a 1 year high of $89.73. The firm has a market cap of $10,960.00 and a P/E ratio of 12.26.

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About iShares Russell Midcap Value Index

iShares Russell Mid-Cap Value ETF (the Fund), formerly iShares Russell Midcap Value 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 Value Index (the Value Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market.

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