VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) to Issue Dividend Increase – $0.18 Per Share

VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) announced a dividend on Wednesday, July 8th, NASDAQ Dividends reports. Shareholders of record on Thursday, July 9th will be given a dividend of 0.1791 per share on Friday, July 10th. The ex-dividend date is Thursday, July 9th. This is a 25.6% increase from VictoryShares Dividend Accelerator ETF’s previous dividend of $0.14.

VictoryShares Dividend Accelerator ETF Trading Down 0.5%

VSDA traded down $0.28 during midday trading on Thursday, hitting $57.91. 15,669 shares of the company were exchanged, compared to its average volume of 11,236. The company’s 50 day simple moving average is $56.23 and its 200 day simple moving average is $55.81. The firm has a market capitalization of $240.33 million, a price-to-earnings ratio of 18.24 and a beta of 0.78. VictoryShares Dividend Accelerator ETF has a 1-year low of $51.14 and a 1-year high of $59.54.

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.