Touchstone Dividend Select ETF (NYSEARCA:DVND) Raises Dividend to $0.17 Per Share

Touchstone Dividend Select ETF (NYSEARCA:DVND) announced a quarterly dividend on Monday, September 28th. Stockholders of record on Tuesday, September 29th will be given a dividend of $0.1650 per share on Wednesday, September 30th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, September 29th. This is a 0.7% increase from Touchstone Dividend Select ETF’s previous quarterly dividend of $0.1639.

Touchstone Dividend Select ETF Stock Down 0.7%

Shares of DVND opened at $38.61 on Tuesday. The stock’s fifty day simple moving average is $39.29 and its 200-day simple moving average is $38.05. The firm has a market capitalization of $54.05 million, a PE ratio of 20.47 and a beta of 0.82. Touchstone Dividend Select ETF has a 12-month low of $33.88 and a 12-month high of $40.12.

About Touchstone Dividend Select ETF

The Touchstone Dividend Select ETF (DVND) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks current income and capital appreciation by actively selecting US large-cap companies with sustainable competitive advantages that pay reliable, growing dividends at reasonable valuations. DVND was launched on Aug 2, 2022 and is managed by Touchstone.