Principal U.S. Mega-Cap ETF (USMC) to Issue Dividend of $0.15 on December 31st

Principal U.S. Mega-Cap ETF (NASDAQ:USMC) announced a dividend on Friday, December 27th, as reported by NASDAQ Dividends. Shareholders who are on record as of December 27th will receive a dividend of $0.1501 per share on Tuesday, December 31st. The ex-dividend date is also December 27th.

Current Trading Performance of Principal U.S. Mega-Cap ETF

The shares of Principal U.S. Mega-Cap ETF opened at $60.86 on Friday. Over the past year, the stock reached a low of $46.14 and a high of $61.98. Currently, the fifty-day simple moving average stands at $59.50, while the 200-day simple moving average is at $56.63. The fund has a market capitalization of $2.68 billion, a price-to-earnings ratio of 26.66, and a beta of 0.92, indicating its volatility in relation to the market.

About the Principal U.S. Mega-Cap ETF

The Principal U.S. Mega-Cap ETF (USMC) is an exchange-traded fund that primarily invests in large-cap equities. The fund aims to provide investors with exposure to the largest segment of the U.S. large-cap market. USMC employs a proprietary quantitative model for portfolio construction. It was introduced on October 12, 2017, and is managed by Principal.

Dividend, ETF, Investment