Pacer American Energy Independence ETF (NYSEARCA:USAI) to Issue $0.16 Monthly Dividend

Pacer American Energy Independence ETF (NYSEARCA:USAI) announced a monthly dividend on Wednesday, January 21st. Shareholders of record on Thursday, January 22nd will be paid a dividend of 0.16 per share on Monday, January 26th. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend is Thursday, January 22nd.

Pacer American Energy Independence ETF Stock Performance

Shares of NYSEARCA USAI opened at $39.56 on Thursday. The stock has a market cap of $83.08 million, a price-to-earnings ratio of 19.96 and a beta of 0.85. Pacer American Energy Independence ETF has a fifty-two week low of $34.20 and a fifty-two week high of $43.94. The firm’s 50-day simple moving average is $38.19 and its 200 day simple moving average is $38.73.

Pacer American Energy Independence ETF Company Profile

The Pacer American Energy Independence ETF (USAI) is an exchange-traded fund that is based on the American Energy Independence index. The fund tracks an index of US and Canadian MLPs involved in midstream energy infrastructure. USAI was launched on Dec 13, 2017 and is managed by Pacer.