iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) to Issue $0.35 Quarterly Dividend

iShares Morningstar Mid-Cap Value ETF (NASDAQ:IMCV) announced a quarterly dividend on Monday, March 16th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 17th will be paid a dividend of 0.3501 per share on Friday, March 20th. This represents a c) annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, March 17th.

iShares Morningstar Mid-Cap Value ETF Price Performance

Shares of NASDAQ:IMCV traded up $0.23 during trading on Tuesday, hitting $85.08. The company had a trading volume of 19,916 shares, compared to its average volume of 32,763. The stock has a market cap of $948.64 million, a price-to-earnings ratio of 16.35 and a beta of 0.96. The company has a fifty day simple moving average of $86.63 and a two-hundred day simple moving average of $82.75. iShares Morningstar Mid-Cap Value ETF has a one year low of $64.02 and a one year high of $89.61.

iShares Morningstar Mid-Cap Value ETF Company Profile

The iShares Morningstar Mid-Cap Value ETF (IMCV) is an exchange-traded fund that is based on the Morningstar US Mid Cap Broad Value index. The fund tracks a market cap-weighted index of US mid-cap stocks companies selected based on their value characteristics. IMCV was launched on Jun 28, 2004 and is managed by BlackRock.