Madison Dividend Value ETF (NYSEARCA:DIVL) Announces Monthly Dividend of $0.02

Madison Dividend Value ETF (NYSEARCA:DIVL) declared a monthly dividend on Tuesday, January 27th. Investors of record on Wednesday, January 28th will be given a dividend of 0.0154 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Wednesday, January 28th.

Madison Dividend Value ETF Price Performance

NYSEARCA:DIVL traded up $0.06 on Wednesday, hitting $24.28. 183 shares of the company’s stock were exchanged, compared to its average volume of 1,260. The firm has a 50-day moving average price of $23.28 and a 200-day moving average price of $22.96. Madison Dividend Value ETF has a 52 week low of $19.43 and a 52 week high of $24.28. The company has a market cap of $64.34 million, a P/E ratio of 21.24 and a beta of 0.70.

Madison Dividend Value ETF Company Profile

The Madison Dividend Value ETF (DIVL) is an exchange-traded fund that mostly invests in total market equity. The fund uses an active approach to invest in stocks from around the globe. The fund seeks current income and capital appreciation by targeting stocks with favorable dividend yields that appear undervalued. DIVL was launched on Aug 14, 2023 and is issued by Madison.