Principal Value ETF (NASDAQ:PY) to Issue Quarterly Dividend of $0.18

Principal Value ETF (NASDAQ:PY) announced a quarterly dividend on Tuesday, April 1st, NASDAQ Dividends reports. Investors of record on Tuesday, April 1st will be given a dividend of 0.1781 per share on Thursday, April 3rd. This represents a $0.71 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date is Tuesday, April 1st.

Principal Value ETF Price Performance

NASDAQ:PY opened at $49.28 on Thursday. The firm has a 50-day moving average of $50.04 and a two-hundred day moving average of $50.26. The stock has a market cap of $304.06 million, a P/E ratio of 18.32 and a beta of 1.15. Principal Value ETF has a 1-year low of $41.96 and a 1-year high of $52.63.

Principal Value ETF Company Profile

The Principal Value ETF (PY) is an exchange-traded fund that mostly invests in total market equity. The fund utilizes a proprietary quantitative model to actively invest in large- and mid-cap companies that exhibit higher degrees of shareholder yield. PY was launched on Mar 21, 2016 and is managed by Principal.