Principal U.S. Mega-Cap ETF (NASDAQ:USMC) Increases Dividend to $0.14 Per Share

Principal U.S. Mega-Cap ETF (NASDAQ:USMCGet Free Report) announced a quarterly dividend on Monday, December 29th. Investors of record on Monday, December 29th will be paid a dividend of 0.1408 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Monday, December 29th. This is a 1.0% increase from Principal U.S. Mega-Cap ETF’s previous quarterly dividend of $0.14.

Principal U.S. Mega-Cap ETF Price Performance

Shares of NASDAQ USMC traded down $0.54 during mid-day trading on Monday, reaching $68.97. 59,023 shares of the company’s stock traded hands, compared to its average volume of 127,684. The business has a 50-day simple moving average of $68.51 and a 200 day simple moving average of $66.01. The stock has a market cap of $3.29 billion, a P/E ratio of 27.59 and a beta of 0.95. Principal U.S. Mega-Cap ETF has a 1-year low of $49.01 and a 1-year high of $70.08.

Principal U.S. Mega-Cap ETF Company Profile

(Get Free Report)

The Principal U.S. Mega-Cap ETF (USMC) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to offer exposure to the largest of the US large-cap segment. The fund uses a proprietary, quantitative model to construct the portfolio. USMC was launched on Oct 12, 2017 and is managed by Principal.

Further Reading

Dividend History for Principal U.S. Mega-Cap ETF (NASDAQ:USMC)

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