VictoryShares Dividend Accelerator ETF (VSDA) to Issue Monthly Dividend of $0.12 on June 10th

VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) declared a monthly dividend on Monday, June 8th, NASDAQ Dividends reports. Investors of record on Tuesday, June 9th will be paid a dividend of 0.1235 per share on Wednesday, June 10th. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, June 9th. This is a 76.0% increase from VictoryShares Dividend Accelerator ETF’s previous monthly dividend of $0.07.

VictoryShares Dividend Accelerator ETF Stock Up 1.3%

Shares of NASDAQ:VSDA opened at $56.20 on Wednesday. The stock has a market cap of $236.04 million, a price-to-earnings ratio of 18.24 and a beta of 0.79. VictoryShares Dividend Accelerator ETF has a 12-month low of $50.40 and a 12-month high of $59.18. The business’s 50 day moving average is $55.22 and its 200 day moving average is $55.11.

About VictoryShares Dividend Accelerator ETF

The VictoryShares Dividend Accelerator ETF (VSDA) is an exchange-traded fund that is based on the Nasdaq Victory Dividend Accelerator index. The fund tracks an index of dividend-paying US large- and mid-cap stocks with a high likelihood of future dividend growth. VSDA was launched on Apr 18, 2017 and is managed by VictoryShares.