VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Announces Dividend Increase – $0.09 Per Share

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) declared a monthly dividend on Tuesday, September 10th, NASDAQ reports. Shareholders of record on Wednesday, September 11th will be given a dividend of 0.0943 per share on Thursday, September 12th. This represents a $1.13 annualized dividend and a yield of 2.39%. The ex-dividend date of this dividend is Wednesday, September 11th. This is an increase from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.02.

VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance

NASDAQ:VSMV opened at $47.27 on Thursday. VictoryShares US Multi-Factor Minimum Volatility ETF has a one year low of $38.44 and a one year high of $48.26. The business has a fifty day moving average price of $46.90 and a 200-day moving average price of $45.34. The firm has a market capitalization of $137.08 million, a price-to-earnings ratio of 18.68 and a beta of 0.79.

About VictoryShares US Multi-Factor Minimum Volatility ETF

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.