Principal U.S. Mega-Cap ETF (NASDAQ:USMC) Plans Quarterly Dividend of $0.13

Principal U.S. Mega-Cap ETF (NASDAQ:USMC) announced a quarterly dividend on Tuesday, April 1st, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 1st will be given a dividend of 0.1323 per share on Thursday, April 3rd. This represents a $0.53 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date of this dividend is Tuesday, April 1st.

Principal U.S. Mega-Cap ETF Price Performance

Shares of NASDAQ:USMC opened at $56.94 on Wednesday. The business’s 50-day moving average is $59.99 and its 200 day moving average is $59.27. Principal U.S. Mega-Cap ETF has a 1 year low of $48.52 and a 1 year high of $63.13. The firm has a market capitalization of $2.50 billion, a P/E ratio of 26.08 and a beta of 0.93.

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.