VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Announces Monthly Dividend of $0.37

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) announced a monthly dividend on Wednesday, December 10th. Shareholders of record on Thursday, December 11th will be paid a dividend of 0.3684 per share on Friday, December 12th. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Thursday, December 11th. This is a 960.5% increase from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.03.

VictoryShares US Small Mid Cap Value Momentum ETF Price Performance

Shares of VictoryShares US Small Mid Cap Value Momentum ETF stock traded up $0.10 during trading on Thursday, hitting $93.16. 3,311 shares of the stock were exchanged, compared to its average volume of 72,376. The firm’s 50-day moving average price is $90.04 and its 200 day moving average price is $87.16. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 15.38 and a beta of 1.04. VictoryShares US Small Mid Cap Value Momentum ETF has a 12-month low of $68.07 and a 12-month high of $93.44.

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

The VictoryShares US Small Mid Cap Value Momentum ETF (USVM) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index of small- and mid-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. USVM was launched on Oct 24, 2017 and is managed by VictoryShares.