VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) to Issue Monthly Dividend of $0.07

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV – Get Free Report) announced a monthly dividend on Wednesday, October 7th. Shareholders of record on Thursday, October 8th will be paid a dividend of $0.0740 per share on Friday, October 9th. This represents a $0.89 annualized dividend and a yield of 1.5%. The ex-dividend date is Thursday, October 8th. This is a 28.8% decrease from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.1040.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Down 0.0%

Shares of NASDAQ:VSMV opened at $59.99 on Thursday. VictoryShares US Multi-Factor Minimum Volatility ETF has a 12-month low of $52.75 and a 12-month high of $61.94. The business has a 50 day moving average of $60.55 and a 200-day moving average of $59.57. The stock has a market cap of $155.99 million, a PE ratio of 18.64 and a beta of 0.68.

About VictoryShares US Multi-Factor Minimum Volatility ETF

(Get Free Report)

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.

Further Reading

Dividend History for VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV)

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