Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) Declares Dividend Increase – $0.39 Per Share

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) declared a quarterly dividend on Wednesday, November 4th. Stockholders of record on Thursday, November 5th will be paid a dividend of $0.3873 per share on Tuesday, November 10th. This represents a $1.55 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Thursday, November 5th. This is a 1.1% increase from Franklin U.S. Low Volatility High Dividend Index ETF’s previous quarterly dividend of $0.3830.

Franklin U.S. Low Volatility High Dividend Index ETF Stock Performance

NASDAQ:LVHD opened at $46.14 on Thursday. The company has a market capitalization of $655.19 million, a price-to-earnings ratio of 19.57 and a beta of 0.54. Franklin U.S. Low Volatility High Dividend Index ETF has a one year low of $39.46 and a one year high of $46.49. The stock has a 50-day simple moving average of $43.35 and a 200 day simple moving average of $43.42.

Franklin U.S. Low Volatility High Dividend Index ETF Company Profile

The Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is an exchange-traded fund that is based on the QS Low Volatility High Dividend index. The fund tracks an index of roughly 50-100 US stocks selected from across the market cap spectrum. Stocks are selected and weighted to emphasize profitability, high dividends, low price volatility and low earnings volatility. LVHD was launched on Dec 29, 2015 and is managed by Franklin Templeton.