Vanguard FTSE Canadian High Dividend Yield ETF Declares CAD 0.1915 Dividends
Montréal, Canada – June 15, 2023 – The Vanguard FTSE Canada All-Equity High Dividend Yield Index Fund (TSX: VFV), one of the largest exchange-traded funds (ETFs) in Canada, is pleased to announce that it has declared a dividend of CAD 0.1915 per unit for the month of June.
The CAD 0.1915 per unit dividend will be paid on June 22, 2023, to all unitholders of record on June 18, 2023. The ex-dividend date is June 17, 2023.
The Vanguard FTSE Canada All-Equity High Dividend Yield Index Fund is designed to track the performance of the FTSE Canada All-Equity High Dividend Index, which is designed to identify Canadian stocks exhibiting strong dividend growth and yield potential. The ETF is built to help investors benefit from the opportunities in the Canadian dividend stock market, while providing a relatively stable and diversified portfolio.
"This dividend payment is a testament to the stability and reliability of our high-dividend strategy," said Rob Thompson, Portfolio Manager of the Vanguard FTSE Canada All-Equity High Dividend Yield Index Fund. "Our team of experienced investment professionals continues to diligently monitor the Canadian market to ensure that our fund remains focused on the highest-quality dividend-paying stocks, providing our unitholders with a competitive yield and potential for long-term growth."
As of June 15, 2023, the Vanguard FTSE Canada All-Equity High Dividend Yield Index Fund has approximately CAD 1.4 billion in assets under management, making it one of the largest ETFs in Canada. The fund is listed on the Toronto Stock Exchange (TSX) under the ticker symbol VFV.
About Vanguard
Vanguard is one of the world’s largest investment management companies, with more than $8 trillion in global assets under management as of March 31, 2023. The company was founded in 1975 and is headquartered in Malvern, Pennsylvania. Vanguard is committed to helping ordinary investors achieve better outcomes by providing a range of investment strategies and products, including exchange-traded funds (ETFs), index funds, and actively managed funds.
About the Vanguard FTSE Canada All-Equity High Dividend Yield Index Fund
The Vanguard FTSE Canada All-Equity High Dividend Yield Index Fund is an open-ended mutual fund that is designed to track the performance of the FTSE Canada All-Equity High Dividend Index. The fund is an actively managed index fund that invests primarily in high-dividend-paying Canadian stocks, aiming to provide a stable and diversified portfolio for investors seeking regular income and growth opportunities.
For more information, please visit our website at www.vanguard.ca.
Contact:
Monique Stanford
monique.stanford@vanguard.ca
(416) 364-4659
