Pacer American Energy Independence ETF (USAI) To Go Ex-Dividend on January 22nd

Pacer American Energy Independence ETF (NYSEARCA:USAI) announced a monthly dividend on Wednesday, January 21st. Investors of record on Thursday, January 22nd will be paid a dividend of 0.16 per share on Monday, January 26th. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date is Thursday, January 22nd.

Pacer American Energy Independence ETF Trading Up 1.1%

USAI stock opened at $39.99 on Friday. The company has a market cap of $83.98 million, a price-to-earnings ratio of 19.96 and a beta of 0.85. Pacer American Energy Independence ETF has a 12 month low of $34.20 and a 12 month high of $43.21. The firm has a 50-day moving average of $38.23 and a two-hundred day moving average of $38.74.

About Pacer American Energy Independence ETF

The Pacer American Energy Independence ETF (USAI) is an exchange-traded fund that is based on the American Energy Independence index. The fund tracks an index of US and Canadian MLPs involved in midstream energy infrastructure. USAI was launched on Dec 13, 2017 and is managed by Pacer.