Principal U.S. Mega-Cap ETF (USMC) to Issue Quarterly Dividend of $0.13 on April 3rd

Principal U.S. Mega-Cap ETF (NASDAQ:USMC) declared a quarterly dividend on Tuesday, April 1st, NASDAQ Dividends reports. Investors 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 annualized dividend and a yield of 0.92%. The ex-dividend date is Tuesday, April 1st.

Principal U.S. Mega-Cap ETF Price Performance

Shares of NASDAQ:USMC opened at $57.34 on Thursday. Principal U.S. Mega-Cap ETF has a 1 year low of $48.52 and a 1 year high of $63.13. The stock’s fifty day moving average price is $59.91 and its 200-day moving average price is $59.26. The company has a market cap of $2.51 billion, a P/E ratio of 26.08 and a beta of 0.92.

About Principal U.S. Mega-Cap ETF

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.