VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Increases Dividend to $0.10 Per Share

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) declared a monthly dividend on Tuesday, September 8th. Stockholders of record on Wednesday, September 9th will be given a dividend of 0.104 per share on Thursday, September 10th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, September 9th. This is a 249.6% increase from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.03.

VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance

VSMV stock opened at $60.87 on Wednesday. The stock has a market capitalization of $158.26 million, a P/E ratio of 18.64 and a beta of 0.69. VictoryShares US Multi-Factor Minimum Volatility ETF has a 1-year low of $51.81 and a 1-year high of $61.94. The business has a fifty day moving average price of $60.46 and a 200-day moving average price of $59.24.

About VictoryShares US Multi-Factor Minimum Volatility ETF

The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility. VSMV was launched on Jun 22, 2017 and is managed by VictoryShares.