VictoryShares US Value Momentum ETF (NASDAQ:ULVM) Raises Dividend to $0.32 Per Share

VictoryShares US Value Momentum ETF (NASDAQ:ULVM) announced a monthly dividend on Wednesday, December 10th. Shareholders of record on Thursday, December 11th will be paid a dividend of 0.3221 per share on Friday, December 12th. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Thursday, December 11th. This is a 348.8% increase from VictoryShares US Value Momentum ETF’s previous monthly dividend of $0.07.

VictoryShares US Value Momentum ETF Price Performance

NASDAQ ULVM opened at $91.67 on Thursday. The stock has a market capitalization of $187.92 million, a price-to-earnings ratio of 17.39 and a beta of 0.92. VictoryShares US Value Momentum ETF has a 1-year low of $69.72 and a 1-year high of $92.30. The business’s fifty day moving average price is $90.21 and its 200-day moving average price is $87.44.

VictoryShares US Value Momentum ETF Company Profile

The VictoryShares US Value Momentum ETF (ULVM) is an exchange-traded fund that is based on the Nasdaq Victory US Value Momentum index. The fund tracks an index of large-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. ULVM was launched on Oct 24, 2017 and is managed by VictoryShares.