Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) to Issue $0.09 Quarterly Dividend

Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) announced a quarterly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Investors of record on Wednesday, July 1st will be given a dividend of 0.0868 per share on Monday, July 6th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Wednesday, July 1st.

Principal U.S. Small-Cap Multi-Factor ETF Price Performance

Principal U.S. Small-Cap Multi-Factor ETF stock traded down $0.29 during mid-day trading on Wednesday, hitting $69.83. 92,376 shares of the company were exchanged, compared to its average volume of 159,185. The company has a market capitalization of $2.20 billion, a P/E ratio of 17.29 and a beta of 1.01. The business’s 50 day simple moving average is $65.37 and its two-hundred day simple moving average is $61.52. Principal U.S. Small-Cap Multi-Factor ETF has a 12-month low of $51.34 and a 12-month high of $70.56.

Principal U.S. Small-Cap Multi-Factor ETF Company Profile

The Principal U.S. Small-Cap Multi-Factor ETF (PSC) is an exchange-traded fund that is based on the Russell 2000 index. The fund is actively managed to invest in small-cap US companies. The fund uses a proprietary, quantitative model to construct the portfolio. PSC was launched on Sep 21, 2016 and is managed by Principal.