VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Raises Dividend to $0.25 Per Share

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) declared a monthly dividend on Wednesday, October 7th. Investors of record on Thursday, October 8th will be given a dividend of $0.2459 per share on Friday, October 9th. This represents a $2.95 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Thursday, October 8th. This is a 30.6% increase from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.1882.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Performance

Shares of USVM stock opened at $103.54 on Thursday. VictoryShares US Small Mid Cap Value Momentum ETF has a 52-week low of $86.52 and a 52-week high of $112.66. The company has a 50-day simple moving average of $108.03 and a two-hundred day simple moving average of $105.31. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of 15.38 and a beta of 1.00.

About VictoryShares US Small Mid Cap Value Momentum ETF

The VictoryShares US Small Mid Cap Value Momentum ETF (USVM) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index of small- and mid-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. USVM was launched on Oct 24, 2017 and is managed by VictoryShares.