Principal Quality ETF (NASDAQ:PSET) Increases Dividend to $0.14 Per Share

Principal Quality ETF (NASDAQ:PSET) declared a quarterly dividend on Monday, December 29th. Stockholders of record on Monday, December 29th will be given a dividend of 0.1383 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, December 29th. This is a 29.6% increase from Principal Quality ETF’s previous quarterly dividend of $0.11.

Principal Quality ETF Trading Down 0.5%

Shares of PSET stock traded down $0.37 during trading hours on Monday, reaching $77.14. 185 shares of the company’s stock were exchanged, compared to its average volume of 5,796. Principal Quality ETF has a fifty-two week low of $58.37 and a fifty-two week high of $78.20. The stock’s 50 day moving average is $76.31 and its 200-day moving average is $75.26. The company has a market cap of $54.00 million, a price-to-earnings ratio of 29.66 and a beta of 1.02.

Principal Quality ETF Company Profile

The Principal Quality ETF (PSET) 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 are perceived to exhibit higher quality, growth potential, and pricing power. PSET was launched on Mar 21, 2016 and is managed by Principal.