VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Raises Dividend to $0.19 Per Share

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) announced a monthly dividend on Tuesday, September 8th. Investors of record on Wednesday, September 9th will be given a dividend of 0.1882 per share on Thursday, September 10th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, September 9th. This is a 120.4% increase 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 $108.55 on Wednesday. VictoryShares US Small Mid Cap Value Momentum ETF has a 1 year low of $86.52 and a 1 year high of $112.66. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of 15.38 and a beta of 0.98. The company’s 50 day simple moving average is $109.74 and its 200 day simple moving average is $104.03.

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.