VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Announces Monthly Dividend of $0.14

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) announced a monthly dividend on Wednesday, December 10th. Shareholders of record on Thursday, December 11th will be given a dividend of 0.1435 per share on Friday, December 12th. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date is Thursday, December 11th. This is a 445.6% increase from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.03.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

VSMV opened at $55.26 on Thursday. The stock has a market capitalization of $129.86 million, a PE ratio of 18.64 and a beta of 0.74. The stock’s 50 day moving average price is $54.02 and its 200-day moving average price is $51.66. VictoryShares US Multi-Factor Minimum Volatility ETF has a 52-week low of $43.33 and a 52-week high of $55.53.

VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile

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.