Mon Sep 23 21:20:43 UTC 2024: ## iShares MSCI Min Vol Canada Index ETF Announces Increased Quarterly Dividend
**Toronto, Canada (September 24, 2024):** iShares MSCI Min Vol Canada Index ETF (TSE:XMV) announced a quarterly dividend of $0.309 per share, representing a significant increase from its previous quarterly dividend of $0.26. The dividend will be paid on Friday, September 27th to shareholders of record as of Friday, September 27th.
This translates to an annualized dividend of $1.24, yielding 2.71% based on the current share price. The ex-dividend date is Tuesday, September 24th.
Shares of XMV traded up C$0.13 on Monday, closing at C$45.65, with a trading volume of 2,516 shares. The company’s 50-day simple moving average stands at C$43.94, while the 200-day simple moving average is C$42.30.
The increased dividend reflects the ETF’s strong performance and its commitment to delivering value to its shareholders. This news is likely to be welcomed by investors seeking a reliable source of income.
First Piper 