Principal U.S. Mega-Cap ETF Announces Dividend of $0.15 (NASDAQ:USMC)

Principal U.S. Mega-Cap ETF (NASDAQ:USMC) declared a dividend on Friday, December 27th,NASDAQ Dividends reports. Stockholders of record on Friday, December 27th will be paid a dividend of 0.1501 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Friday, December 27th.

Principal U.S. Mega-Cap ETF Price Performance

Shares of USMC stock traded down $0.87 on Friday, hitting $60.86. The company’s stock had a trading volume of 45,714 shares, compared to its average volume of 84,473. The stock has a market capitalization of $2.68 billion, a price-to-earnings ratio of 26.66 and a beta of 0.92. Principal U.S. Mega-Cap ETF has a fifty-two week low of $46.14 and a fifty-two week high of $61.98. The firm’s fifty day moving average price is $59.44 and its 200-day moving average price is $56.55.

About Principal U.S. Mega-Cap ETF

The Principal U.S. Mega-Cap ETF (USMC) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to offer exposure to the largest of the US large-cap segment. The fund uses a proprietary, quantitative model to construct the portfolio. USMC was launched on Oct 12, 2017 and is managed by Principal.