Schwab US Broad Market ETF (NYSEARCA:SCHB) Increases Dividend to $0.46 Per Share

Schwab US Broad Market ETF (NYSEARCA:SCHB) declared a quarterly dividend on Thursday, December 12th, Wall Street Journal reports. Investors of record on Friday, December 13th will be given a dividend of 0.4623 per share on Tuesday, December 17th. This represents a $1.85 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date is Thursday, December 12th. This is a boost from Schwab US Broad Market ETF’s previous quarterly dividend of $0.28.

NYSEARCA:SCHB opened at $75.42 on Friday. Schwab US Broad Market ETF has a one year low of $56.12 and a one year high of $75.76. The stock has a 50-day simple moving average of $74.16 and a 200 day simple moving average of $71.34.

About Schwab US Broad Market ETF

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available.

See Also: Institutional Investors

Dividend History for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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