Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) to Issue Quarterly Dividend of $0.38 on August 11th

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) announced a quarterly dividend on Wednesday, August 5th, NASDAQ Dividends reports. Stockholders of record on Thursday, August 6th will be paid a dividend of 0.383 per share on Tuesday, August 11th. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Thursday, August 6th.

Franklin U.S. Low Volatility High Dividend Index ETF Stock Down 1.2%

Franklin U.S. Low Volatility High Dividend Index ETF stock opened at $44.33 on Friday. The business’s 50-day moving average price is $44.12 and its 200 day moving average price is $43.34. The firm has a market cap of $622.84 million, a price-to-earnings ratio of 16.71 and a beta of 0.58. Franklin U.S. Low Volatility High Dividend Index ETF has a 52 week low of $39.46 and a 52 week high of $46.49.

About Franklin U.S. Low Volatility High Dividend Index ETF

The Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is an exchange-traded fund that is based on the QS Low Volatility High Dividend index. The fund tracks an index of roughly 50-100 US stocks selected from across the market cap spectrum. Stocks are selected and weighted to emphasize profitability, high dividends, low price volatility and low earnings volatility. LVHD was launched on Dec 29, 2015 and is managed by Franklin Templeton.