Principal U.S. Mega-Cap ETF (NASDAQ:USMC) Declares $0.14 Quarterly Dividend

Principal U.S. Mega-Cap ETF (NASDAQ:USMC) declared a quarterly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, July 1st will be given a dividend of 0.139 per share on Monday, July 6th. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, July 1st.

Principal U.S. Mega-Cap ETF Price Performance

USMC traded down $0.36 on Wednesday, reaching $73.77. 72,533 shares of the stock were exchanged, compared to its average volume of 120,263. The company’s 50-day moving average price is $72.44 and its 200 day moving average price is $69.03. Principal U.S. Mega-Cap ETF has a fifty-two week low of $61.92 and a fifty-two week high of $74.78. The firm has a market capitalization of $3.32 billion, a PE ratio of 27.59 and a beta of 0.95.

Principal U.S. Mega-Cap ETF Company Profile

The Principal U.S. Mega-Cap ETF (USMC) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to offer exposure to the largest of the US large-cap segment. The fund uses a proprietary, quantitative model to construct the portfolio. USMC was launched on Oct 12, 2017 and is managed by Principal.