Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) to Issue $0.11 Quarterly Dividend

Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) announced a quarterly dividend on Tuesday, July 1st, NASDAQ Dividends reports. Investors of record on Tuesday, July 1st will be given a dividend of 0.1101 per share on Thursday, July 3rd. This represents a $0.44 annualized dividend and a yield of 0.82%. The ex-dividend date of this dividend is Tuesday, July 1st.

Principal U.S. Small-Cap Multi-Factor ETF Stock Up 0.3%

Shares of NASDAQ PSC opened at $53.44 on Wednesday. The firm’s 50-day moving average price is $50.91 and its two-hundred day moving average price is $50.58. Principal U.S. Small-Cap Multi-Factor ETF has a 52-week low of $42.36 and a 52-week high of $57.24. The stock has a market capitalization of $825.11 million, a P/E ratio of 16.71 and a beta of 1.19.

About Principal U.S. Small-Cap Multi-Factor ETF

The Principal U.S. Small-Cap Multi-Factor ETF (PSC) is an exchange-traded fund that is based on the Russell 2000 index. The fund is actively managed to invest in small-cap US companies. The fund uses a proprietary, quantitative model to construct the portfolio. PSC was launched on Sep 21, 2016 and is managed by Principal.