VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Stock to Pay Monthly Dividend of $0.03

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) declared a monthly dividend on Thursday, November 5th. Stockholders of record on Friday, November 6th will be given a dividend of $0.0347 per share on Monday, November 9th. This represents a $0.42 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Friday, November 6th. This is a 53.1% decrease from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.0740.

VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance

NASDAQ:VSMV opened at $61.31 on Friday. The company has a 50 day moving average price of $61.07 and a 200-day moving average price of $59.41. VictoryShares US Multi-Factor Minimum Volatility ETF has a 1-year low of $52.93 and a 1-year high of $63.32. The firm has a market cap of $159.41 million, a price-to-earnings ratio of 18.64 and a beta of 0.68.

VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile

The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility. VSMV was launched on Jun 22, 2017 and is managed by VictoryShares.