Madison Dividend Value ETF (NYSEARCA:DIVL) Plans Dividend Increase – $0.02 Per Share

Madison Dividend Value ETF (NYSEARCA:DIVL) announced a monthly dividend on Tuesday, February 24th. Stockholders of record on Wednesday, February 25th will be given a dividend of 0.0202 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, February 25th. This is a 31.0% increase from Madison Dividend Value ETF’s previous monthly dividend of $0.02.

Madison Dividend Value ETF Trading Down 0.6%

Shares of Madison Dividend Value ETF stock traded down $0.15 during trading hours on Wednesday, reaching $25.37. The stock had a trading volume of 643 shares, compared to its average volume of 3,977. The stock’s 50 day moving average is $24.14 and its 200 day moving average is $23.33. Madison Dividend Value ETF has a twelve month low of $19.43 and a twelve month high of $25.52. The firm has a market capitalization of $67.23 million, a PE ratio of 21.24 and a beta of 0.70.

About Madison Dividend Value ETF

The Madison Dividend Value ETF (DIVL) is an exchange-traded fund that mostly invests in total market equity. The fund uses an active approach to invest in stocks from around the globe. The fund seeks current income and capital appreciation by targeting stocks with favorable dividend yields that appear undervalued. DIVL was launched on Aug 14, 2023 and is issued by Madison.