Principal Quality ETF (NASDAQ:PSET) Announces Dividend Increase – $0.15 Per Share

Principal Quality ETF (NASDAQ:PSET) declared a quarterly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, July 1st will be paid a dividend of 0.1526 per share on Monday, July 6th. This represents a c) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a 8.3% increase from Principal Quality ETF’s previous quarterly dividend of $0.14.

Principal Quality ETF Price Performance

Shares of Principal Quality ETF stock traded up $0.08 during midday trading on Wednesday, hitting $75.88. 1,581 shares of the company were exchanged, compared to its average volume of 2,928. The firm has a market cap of $33.39 million, a P/E ratio of 29.66 and a beta of 1.01. The firm has a 50 day simple moving average of $75.06 and a 200-day simple moving average of $74.54. Principal Quality ETF has a 52 week low of $67.62 and a 52 week high of $78.20.

About Principal Quality ETF

The Principal Quality ETF (PSET) is an exchange-traded fund that mostly invests in total market equity. The fund utilizes a proprietary quantitative model to actively invest in large- and mid-cap companies that are perceived to exhibit higher quality, growth potential, and pricing power. PSET was launched on Mar 21, 2016 and is managed by Principal.