Principal U.S. Mega-Cap ETF (USMC) to Issue Quarterly Dividend of $0.15 on April 6th

Principal U.S. Mega-Cap ETF (NASDAQ:USMC) declared a quarterly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 1st will be given a dividend of 0.1463 per share on Monday, April 6th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Wednesday, April 1st. This is a 3.9% increase from Principal U.S. Mega-Cap ETF’s previous quarterly dividend of $0.14.

Principal U.S. Mega-Cap ETF Price Performance

NASDAQ USMC opened at $64.58 on Thursday. Principal U.S. Mega-Cap ETF has a 12 month low of $49.01 and a 12 month high of $70.08. The firm has a market capitalization of $2.90 billion, a PE ratio of 27.59 and a beta of 0.95. The company’s 50 day simple moving average is $66.46 and its 200 day simple moving average is $67.67.

Principal U.S. Mega-Cap ETF Company Profile

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.