Principal Value ETF (NASDAQ:PY) to Issue Quarterly Dividend of $0.22

Principal Value ETF (NASDAQ:PY) announced a quarterly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 1st will be paid a dividend of 0.2158 per share on Monday, April 6th. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Wednesday, April 1st.

Principal Value ETF Stock Performance

Shares of NASDAQ:PY traded down $0.18 on Wednesday, hitting $51.31. 14,755 shares of the company were exchanged, compared to its average volume of 32,275. Principal Value ETF has a one year low of $42.11 and a one year high of $53.96. The firm has a market capitalization of $181.12 million, a price-to-earnings ratio of 17.40 and a beta of 0.96. The company’s 50 day moving average price is $52.53 and its two-hundred day moving average price is $52.22.

Principal Value ETF Company Profile

The Principal Value ETF (PY) is an exchange-traded fund that mostly invests in total market equity. The fund utilizes a proprietary quantitative model to actively invest in large- and mid-cap companies that exhibit higher degrees of shareholder yield. PY was launched on Mar 21, 2016 and is managed by Principal.