Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Increases Dividend to $0.20 Per Share

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) declared a monthly dividend on Wednesday, April 9th, NASDAQ Dividends reports. Shareholders of record on Thursday, April 10th will be given a dividend of 0.1969 per share on Friday, April 11th. This represents a $2.36 dividend on an annualized basis and a yield of 4.97%. The ex-dividend date is Thursday, April 10th. This is a 541.8% increase from Victoryshares Dividend Accelerator ETF’s previous monthly dividend of $0.03.

Victoryshares Dividend Accelerator ETF Price Performance

Shares of NASDAQ VSDA traded down $1.28 during mid-day trading on Thursday, reaching $47.54. 27,239 shares of the company’s stock were exchanged, compared to its average volume of 17,366. The firm has a market capitalization of $225.82 million, a price-to-earnings ratio of 18.46 and a beta of 0.86. The firm has a 50-day moving average price of $51.19 and a two-hundred day moving average price of $52.11. Victoryshares Dividend Accelerator ETF has a 52 week low of $45.51 and a 52 week high of $55.25.

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.