VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) to Issue Monthly Dividend of $0.21
by Michael Walen · The Markets DailyVictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM – Get Free Report) declared a monthly dividend on Wednesday, April 8th, NASDAQ Dividends reports. Stockholders of record on Thursday, April 9th will be paid a dividend of 0.2067 per share on Friday, April 10th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, April 9th. This is a 81.8% increase from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.11.
VictoryShares US Small Mid Cap Value Momentum ETF Stock Performance
Shares of VictoryShares US Small Mid Cap Value Momentum ETF stock traded up $0.60 on Thursday, hitting $99.26. 33,181 shares of the company’s stock were exchanged, compared to its average volume of 87,009. The company has a 50-day simple moving average of $96.75 and a 200-day simple moving average of $93.44. The stock has a market capitalization of $1.48 billion, a PE ratio of 15.38 and a beta of 1.03. VictoryShares US Small Mid Cap Value Momentum ETF has a 1 year low of $70.18 and a 1 year high of $101.26.
VictoryShares US Small Mid Cap Value Momentum ETF Company Profile
The VictoryShares US Small Mid Cap Value Momentum ETF (USVM) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index of small- and mid-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. USVM was launched on Oct 24, 2017 and is managed by VictoryShares.