VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM – Free Report) announced a monthly dividend on Tuesday, July 9, NASDAQ reports. Shareholders of record on Wednesday, July 10 will receive a dividend of 0.1168 per share on Thursday, July 11. This represents an annualized dividend of $1.40 and a yield of 1.81%. The ex-dividend date is Wednesday, July 10. This is an increase from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.09.
Price development of the VictoryShares US Small Mid Cap Value Momentum ETF
Shares of NASDAQ:USVM opened at $77.42 on Thursday. The VictoryShares US Small Mid Cap Value Momentum ETF has a 1-year low of $60.66 and a 1-year high of $80.39. The company has a market cap of $224.53 million, a P/E ratio of 11.30 and a beta of 1.11. The company has a 50-day moving average price of $78.05 and a 200-day moving average price of $76.24.
About VictoryShares US Small Mid Cap Value Momentum ETF
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The VictoryShares US Small Mid Cap Value Momentum ETF (USVM) is an exchange-traded fund that invests primarily in broader market stocks. The fund tracks an index of small and mid-cap US stocks that are selected equally for value and momentum and weighted by volatility. USVM was launched on October 24, 2017 and is managed by VictoryShares.
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