VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) to Issue Dividend Increase – $0.03 Per Share

VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) declared a monthly dividend on Monday, June 8th, NASDAQ Dividends reports. Investors of record on Tuesday, June 9th will be paid a dividend of 0.034 per share on Wednesday, June 10th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, June 9th. This is a 26.3% increase from VictoryShares International Free Cash Flow Growth ETF’s previous monthly dividend of $0.03.

VictoryShares International Free Cash Flow Growth ETF Stock Down 1.5%

Shares of NASDAQ:GRIN traded down $0.46 during mid-day trading on Tuesday, hitting $31.17. 56,578 shares of the company traded hands, compared to its average volume of 40,765. The stock has a market cap of $268.06 million, a P/E ratio of -62.34 and a beta of 2.47. The company has a current ratio of 1.13, a quick ratio of 1.01 and a debt-to-equity ratio of 0.51. VictoryShares International Free Cash Flow Growth ETF has a 12-month low of $24.79 and a 12-month high of $32.86. The stock has a 50-day moving average price of $30.53 and a two-hundred day moving average price of $29.25.

About VictoryShares International Free Cash Flow Growth ETF

Grindrod Shipping Holdings Ltd., an international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide. It operates through three segments: Handysize, Supramax/Ultramax, and Others. The company operates a fleet of vessels comprising handysize and supramax/ultramax dry bulk carriers transporting various bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers; and engages in the ship management activities.