Touchstone Dividend Select ETF (NYSEARCA:DVND) Announces Quarterly Dividend of $0.20

Touchstone Dividend Select ETF (NYSEARCA:DVND) declared a quarterly dividend on Monday, December 29th. Stockholders of record on Tuesday, December 30th will be given a dividend of 0.1955 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Tuesday, December 30th. This is a 20.1% increase from Touchstone Dividend Select ETF’s previous quarterly dividend of $0.16.

Touchstone Dividend Select ETF Stock Performance

Touchstone Dividend Select ETF stock traded down $0.20 during trading hours on Tuesday, hitting $35.42. The company had a trading volume of 8,696 shares, compared to its average volume of 719. The company has a 50-day moving average price of $35.00 and a two-hundred day moving average price of $34.36. The firm has a market cap of $38.25 million, a P/E ratio of 20.47 and a beta of 0.88. Touchstone Dividend Select ETF has a 1 year low of $27.46 and a 1 year high of $35.70.

Touchstone Dividend Select ETF Company Profile

The Touchstone Dividend Select ETF (DVND) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks current income and capital appreciation by actively selecting US large-cap companies with sustainable competitive advantages that pay reliable, growing dividends at reasonable valuations. DVND was launched on Aug 2, 2022 and is managed by Touchstone.