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

Principal Value ETF (NASDAQ:PY) declared a dividend on Friday, December 27th,NASDAQ Dividends reports. Shareholders 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 a boost from Principal Value ETF’s previous dividend of $0.26.

Principal Value ETF Price Performance

PY stock traded down $0.68 during midday trading on Friday, reaching $49.88. The company had a trading volume of 4,517 shares, compared to its average volume of 5,372. Principal Value ETF has a 1-year low of $41.96 and a 1-year high of $52.63. The stock has a 50 day moving average price of $50.84 and a 200-day moving average price of $48.80. The company has a market capitalization of $76.32 million, a price-to-earnings ratio of 19.65 and a beta of 1.15.

About Principal Value ETF

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.