VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) to Issue Monthly Dividend of $0.07 on October 9th

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) declared a monthly dividend on Wednesday, October 7th. Shareholders of record on Thursday, October 8th will be paid a dividend of $0.0740 per share on Friday, October 9th. This represents a $0.89 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, October 8th. This is a 28.8% decrease from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.1040.

VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance

NASDAQ:VSMV opened at $60.59 on Friday. The business has a fifty day simple moving average of $60.56 and a two-hundred day simple moving average of $59.60. VictoryShares US Multi-Factor Minimum Volatility ETF has a 1 year low of $52.75 and a 1 year high of $61.94. The company has a market capitalization of $157.53 million, a P/E ratio of 18.64 and a beta of 0.68.

About VictoryShares US Multi-Factor Minimum Volatility ETF

The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility. VSMV was launched on Jun 22, 2017 and is managed by VictoryShares.