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

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) announced a monthly dividend on Wednesday, October 7th. Investors 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 dividend on an annualized basis and a dividend 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%

NASDAQ:VSMV opened at $59.99 on Thursday. The company has a market capitalization of $155.99 million, a PE ratio of 18.64 and a beta of 0.68. VictoryShares US Multi-Factor Minimum Volatility ETF has a 52-week low of $52.75 and a 52-week high of $61.94. The stock’s 50 day moving average price is $60.55 and its 200 day moving average price is $59.57.

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. VSMV was launched on Jun 22, 2017 and is managed by VictoryShares.