VictoryShares US Small Mid Cap Value Momentum ETF (USVM) to Issue Monthly Dividend of $0.12 on July 11th

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) announced 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 Price Performance

Shares of NASDAQ:USVM opened at $77.42 on Thursday. 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 company has a market capitalization of $224.53 million, a PE ratio of 11.30 and a beta of 1.11. The business has a fifty day moving average price of $78.05 and a two-hundred day moving average price of $76.24.

About VictoryShares US Small Mid Cap Value Momentum ETF

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.