VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Increases Dividend to $0.12 Per Share

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) declared a monthly dividend on Tuesday, July 9th, NASDAQ reports. Shareholders of record on Wednesday, July 10th will be given a dividend of 0.1168 per share on Thursday, July 11th. This represents a $1.40 annualized dividend and a yield of 1.81%. The ex-dividend date is Wednesday, July 10th. This is a boost from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.09.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Up 0.8 %

USVM traded up $0.62 during trading on Wednesday, hitting $77.42. 3,682 shares of the stock were exchanged, compared to its average volume of 8,753. The firm has a market capitalization of $224.53 million, a P/E ratio of 11.30 and a beta of 1.11. VictoryShares US Small Mid Cap Value Momentum ETF has a 1-year low of $60.66 and a 1-year high of $80.39. The stock has a fifty day moving average price of $78.05 and a two-hundred day moving average price of $76.24.

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

The VictoryShares US Small Mid Cap Value Momentum ETF (USVM) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index of small- and mid-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. USVM was launched on Oct 24, 2017 and is managed by VictoryShares.