VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) to Issue Monthly Dividend of $0.11 on June 10th

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) announced a monthly dividend on Monday, June 8th, NASDAQ Dividends reports. Shareholders of record on Tuesday, June 9th will be paid a dividend of 0.1132 per share on Wednesday, June 10th. This represents a c) dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Tuesday, June 9th. This is a 218.8% increase from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.04.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Down 0.3%

Shares of VictoryShares US Multi-Factor Minimum Volatility ETF stock opened at $59.31 on Wednesday. The company has a market capitalization of $154.21 million, a price-to-earnings ratio of 18.64 and a beta of 0.69. VictoryShares US Multi-Factor Minimum Volatility ETF has a 12-month low of $48.39 and a 12-month high of $60.74. The firm’s 50-day moving average price is $58.81 and its two-hundred day moving average price is $57.35.

About VictoryShares US Multi-Factor Minimum Volatility ETF

The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility. VSMV was launched on Jun 22, 2017 and is managed by VictoryShares.