Inspire Small/Mid Cap ETF (NYSEARCA:ISMD) to Issue Dividend Increase – $0.23 Per Share

Inspire Small/Mid Cap ETF (NYSEARCA:ISMD) declared a quarterly dividend on Thursday, September 24th. Stockholders of record on Friday, September 25th will be given a dividend of $0.2293 per share on Thursday, October 1st. This represents a $0.92 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, September 25th. This is a 2.7% increase from Inspire Small/Mid Cap ETF’s previous quarterly dividend of $0.2232.

Inspire Small/Mid Cap ETF Price Performance

Shares of ISMD traded down $0.30 during trading hours on Friday, reaching $46.78. 819 shares of the company’s stock traded hands, compared to its average volume of 36,329. Inspire Small/Mid Cap ETF has a twelve month low of $35.81 and a twelve month high of $51.58. The business’s fifty day simple moving average is $48.99 and its two-hundred day simple moving average is $46.38. The firm has a market capitalization of $322.79 million, a price-to-earnings ratio of 16.03 and a beta of 1.02.

Inspire Small/Mid Cap ETF Company Profile

The Inspire Small\u002FMid Cap Impact ESG ETF (ISMD) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an equal-weighted index of 500 small- and mid-cap US stocks that are screened for alignment with biblical values defined by the Issuer. ISMD was launched on Feb 28, 2017 and is managed by Inspire.