Principal Value ETF (NASDAQ:PY) Plans Dividend Increase – $0.26 Per Share

Principal Value ETF (NASDAQ:PY) announced a dividend on Friday, December 27th,NASDAQ Dividends reports. Investors of record on Friday, December 27th will be paid a dividend of 0.2633 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Friday, December 27th. This is an increase from Principal Value ETF’s previous dividend of $0.26.

Principal Value ETF Stock Down 1.3 %

Principal Value ETF stock traded down $0.68 during trading hours on Friday, reaching $49.88. 4,517 shares of the company’s stock were exchanged, compared to its average volume of 5,372. The firm has a market capitalization of $76.32 million, a PE ratio of 19.65 and a beta of 1.15. The firm’s 50 day simple moving average is $50.84 and its 200 day simple moving average is $48.80. Principal Value ETF has a twelve month low of $41.96 and a twelve month high of $52.63.

Principal Value ETF Company Profile

The Principal Value ETF (PY) is an exchange-traded fund that mostly invests in total market equity. The fund utilizes a proprietary quantitative model to actively invest in large- and mid-cap companies that exhibit higher degrees of shareholder yield. PY was launched on Mar 21, 2016 and is managed by Principal.