SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Raises Dividend to $0.43 Per Share

by · The Markets Daily

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS – Get Free Report) declared a quarterly dividend on Thursday, December 11th. Shareholders of record on Friday, December 12th will be paid a dividend of 0.427 per share on Monday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend is Friday, December 12th. This is a 205.0% increase from SmartETFs Dividend Builder ETF’s previous quarterly dividend of $0.14.

SmartETFs Dividend Builder ETF Price Performance

Shares of DIVS stock traded down $0.73 during trading hours on Friday, reaching $30.96. 5,356 shares of the company were exchanged, compared to its average volume of 3,488. SmartETFs Dividend Builder ETF has a fifty-two week low of $26.25 and a fifty-two week high of $31.86. The stock’s fifty day moving average is $31.20 and its two-hundred day moving average is $30.93. The company has a market cap of $40.25 million, a price-to-earnings ratio of 23.34 and a beta of 0.71.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC bought a new stake in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 10,613 shares of the company’s stock, valued at approximately $327,000. Flow Traders U.S. LLC owned 0.82% of SmartETFs Dividend Builder ETF as of its most recent filing with the Securities and Exchange Commission.

About SmartETFs Dividend Builder ETF

(Get Free Report)

The SmartETFs Dividend Builder ETF (DIVS) is an exchange-traded fund that is based on the MSCI World NR index. The fund is an actively-managed portfolio of dividend-paying companies from both developed and emerging markets. The fund seeks income and consistent dividend growth. DIVS was launched on Mar 30, 2012 and is managed by SmartETFs.

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