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iShares Select Dividend ETF announces quarterly distribution of $0.5496

  • iShares Select Dividend ETF (DVY) announces quarterly distribution of $0.5496.
  • 30-Day SEC yield of 3.19% (as on 11/29/2013).
  • For shareholders of record Dec 26. Payable Dec 30. Ex-div date Dec 23.
Comments (2)
  • benny68
    , contributor
    Comments (19) | Send Message
     
    Given the 25% increase in DVY share how come its dividend is less than it was a year ago? I understand that its yield would be lower but given the focus of this ETF why is its dividend less?
    23 Dec 2013, 04:59 PM Reply Like
  • micaantel
    , contributor
    Comments (11) | Send Message
     
    Could be because several companies paid their Q1-2013 dividend in Q4 20120 to beat the expected tax increase. If you look at the year over year comparison you would see that the there was an increase: 2012 - $2.12/share and 2013 was $2.19/share or 3.3% net increase in dividend rate.
    25 Dec 2013, 10:58 AM Reply Like
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