KraneShares Value Line Dynamic Dividend Equity Index ETF (NYSEARCA:KVLE) Shares Set to Pay Quarterly Dividend of $0.16

KraneShares Value Line Dynamic Dividend Equity Index ETF (NYSEARCA:KVLE) declared a quarterly dividend on Monday, September 28th. Stockholders of record on Tuesday, September 29th will be paid a dividend of $0.1641 per share on Wednesday, September 30th. This represents a $0.66 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Tuesday, September 29th. This is a 1.3% decrease from KraneShares Value Line Dynamic Dividend Equity Index ETF’s previous quarterly dividend of $0.1663.

KraneShares Value Line Dynamic Dividend Equity Index ETF Trading Down 0.7%

Shares of KVLE stock opened at $28.00 on Tuesday. The firm has a fifty day simple moving average of $28.82 and a 200-day simple moving average of $27.65. The company has a market capitalization of $40.60 million, a PE ratio of 16.25 and a beta of 0.82. KraneShares Value Line Dynamic Dividend Equity Index ETF has a twelve month low of $24.34 and a twelve month high of $29.59.

About KraneShares Value Line Dynamic Dividend Equity Index ETF

The KFA Value Line Dynamic Core Equity Index ETF (KVLE) is an exchange-traded fund that is based on the 3D\u002FL Value Line Dynamic Core Equity index. The fund tracks a multi-factor-weighted index of US large-cap stocks with high dividend yields and rated highly on a safety and timeliness ranking system. KVLE was launched on Nov 24, 2020 and is managed by KraneShares.