VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) announced a monthly dividend on Tuesday, April 17th, Wall Street Journal reports. Shareholders of record on Wednesday, April 18th will be given a dividend of 0.062 per share on Thursday, April 19th. This represents a $0.74 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date is Tuesday, April 17th. This is a boost from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.05.
VSMV stock traded down $0.07 during midday trading on Tuesday, reaching $27.63. 3,400 shares of the company were exchanged, compared to its average volume of 4,354. VictoryShares US Multi-Factor Minimum Volatility ETF has a 1-year low of $24.76 and a 1-year high of $29.20.
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