VictoryShares Corporate Bond ETF (NASDAQ:UCRD) to Issue Dividend Increase – $0.08 Per Share

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) announced a monthly dividend on Wednesday, April 9th, NASDAQ Dividends reports. Stockholders of record on Thursday, April 10th will be paid a dividend of 0.0767 per share on Friday, April 11th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.45%. The ex-dividend date of this dividend is Thursday, April 10th. This is a 6.8% increase from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.07.

VictoryShares Corporate Bond ETF Price Performance

UCRD stock traded down $0.32 during mid-day trading on Thursday, reaching $20.69. 204 shares of the stock traded hands, compared to its average volume of 2,290. The stock’s fifty day moving average is $21.20 and its 200-day moving average is $21.25. VictoryShares Corporate Bond ETF has a 52-week low of $20.39 and a 52-week high of $22.02.

About VictoryShares Corporate Bond ETF

The Victory Portfolios II VictoryShares Corporate Bond ETF (UCRD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that employs a proprietary ESG and credit rating methodology to select investment-grade corporate bonds. UCRD was launched on Oct 4, 2021 and is managed by VictoryShares.