VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) Plans Dividend Increase – $0.12 Per Share

VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) declared a monthly dividend on Monday, June 8th, NASDAQ Dividends reports. Investors of record on Tuesday, June 9th will be paid a dividend of 0.1235 per share on Wednesday, June 10th. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Tuesday, June 9th. This is a 76.0% increase from VictoryShares Dividend Accelerator ETF’s previous monthly dividend of $0.07.

VictoryShares Dividend Accelerator ETF Stock Up 1.3%

VictoryShares Dividend Accelerator ETF stock traded up $0.70 during mid-day trading on Tuesday, hitting $56.20. 5,359 shares of the company’s stock traded hands, compared to its average volume of 10,563. The firm has a 50 day moving average price of $55.18 and a 200 day moving average price of $55.08. The company has a market cap of $236.04 million, a PE ratio of 18.24 and a beta of 0.79. VictoryShares Dividend Accelerator ETF has a one year low of $50.40 and a one year high of $59.18.

About VictoryShares Dividend Accelerator ETF

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.