VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) to Issue Dividend Increase – $0.18 Per Share

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) declared a monthly dividend on Monday, June 8th, NASDAQ Dividends reports. Shareholders of record on Tuesday, June 9th will be given a dividend of 0.1824 per share on Wednesday, June 10th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Tuesday, June 9th. This is a 409.0% increase from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.04.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Performance

VictoryShares US Small Mid Cap Value Momentum ETF stock traded up $0.66 during trading hours on Tuesday, reaching $105.31. 44,004 shares of the company’s stock traded hands, compared to its average volume of 71,640. VictoryShares US Small Mid Cap Value Momentum ETF has a fifty-two week low of $81.22 and a fifty-two week high of $106.48. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of 15.38 and a beta of 0.99. The firm’s 50 day moving average is $101.31 and its 200-day moving average is $97.18.

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.