iShares Russell Microcap Index (IWC) Announces Dividend Increase – $0.41 Per Share

iShares Russell Microcap Index (NYSEARCA:IWC) 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 0.4084 per share by the exchange traded fund on Thursday, December 28th. This represents a $1.63 annualized dividend and a yield of 1.70%. The ex-dividend date of this dividend is Thursday, December 21st. This is an increase from iShares Russell Microcap Index’s previous quarterly dividend of $0.20.

iShares Russell Microcap Index (NYSEARCA:IWC) traded down $0.05 during midday trading on Friday, reaching $96.04. The company’s stock had a trading volume of 23,097 shares, compared to its average volume of 42,779. The firm has a market cap of $900.12 and a P/E ratio of 41.76. iShares Russell Microcap Index has a 12-month low of $81.65 and a 12-month high of $97.35.

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iShares Russell Microcap Index Company Profile

iShares Micro-Cap ETF, formerly iShares Russell Microcap Index Fund, is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Microcap Index (the Index). The Index measures the microcap sector of the United States equity market.

Dividend History for iShares Russell Microcap Index (NYSEARCA:IWC)

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