VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) Raises Dividend to $0.12 Per Share

VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) declared a monthly dividend on Monday, June 8th, NASDAQ Dividends reports. Shareholders 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 yield of 2.6%. The ex-dividend date of this dividend 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%

VSDA stock traded up $0.70 during midday trading on Tuesday, hitting $56.20. 5,359 shares of the company traded hands, compared to its average volume of 10,563. VictoryShares Dividend Accelerator ETF has a twelve month low of $50.40 and a twelve month high of $59.18. The business has a 50 day simple moving average of $55.18 and a 200-day simple moving average of $55.08. The stock has a market capitalization of $236.04 million, a price-to-earnings ratio of 18.24 and a beta of 0.79.

VictoryShares Dividend Accelerator ETF Company Profile

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.