Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) Declares Dividend Increase – $0.08 Per Share

Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) declared a quarterly dividend on Monday, June 29th, NASDAQ Dividends reports. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.0819 per share on Tuesday, July 7th. This represents a c) dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Tuesday, June 30th. This is a 4.2% increase from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.08.

Small/Mid Cap Growth Alpha ETF Trading Up 1.4%

Shares of JSMD traded up $1.39 during trading hours on Tuesday, reaching $101.24. 46,899 shares of the stock traded hands, compared to its average volume of 81,199. The stock has a fifty day simple moving average of $93.59 and a 200 day simple moving average of $87.20. Small/Mid Cap Growth Alpha ETF has a 52 week low of $75.30 and a 52 week high of $101.58. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 19.08 and a beta of 1.15.

About Small/Mid Cap Growth Alpha ETF

The Janus Henderson Small\u002FMid Cap Growth Alpha ETF (JSMD) is an exchange-traded fund that is based on the Janus Small Mid Cap Growth Alpha index. The fund tracks an index of US small- and mid-cap stocks with strong fundamental measures of growth, profitability and capital efficiency. Weighting relies on the actively-managed Janus Triton Fund. JSMD was launched on Feb 25, 2016 and is managed by Janus Henderson.