VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) Increases Dividend to $0.01 Per Share

VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) announced a monthly dividend on Tuesday, September 8th. Investors of record on Wednesday, September 9th will be paid a dividend of 0.0084 per share on Thursday, September 10th. This represents a c) dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Wednesday, September 9th. This is a 65.8% increase from VictoryShares International Free Cash Flow Growth ETF’s previous monthly dividend of $0.005072.

VictoryShares International Free Cash Flow Growth ETF Trading Down 0.1%

Shares of NASDAQ:GRIN opened at $33.67 on Wednesday. The stock has a market capitalization of $292.97 million, a price-to-earnings ratio of -67.35 and a beta of 1.11. VictoryShares International Free Cash Flow Growth ETF has a 1-year low of $25.75 and a 1-year high of $34.70. The company has a 50 day moving average price of $32.93 and a 200 day moving average price of $31.38. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.01 and a current ratio of 1.13.

Institutional Investors Weigh In On VictoryShares International Free Cash Flow Growth ETF

Several hedge funds have recently modified their holdings of GRIN. Victory Capital Management Inc. increased its stake in VictoryShares International Free Cash Flow Growth ETF by 78.7% in the 4th quarter. Victory Capital Management Inc. now owns 6,198,468 shares of the company’s stock worth $171,274,000 after purchasing an additional 2,730,184 shares in the last quarter. Jane Street Group LLC purchased a new stake in VictoryShares International Free Cash Flow Growth ETF during the second quarter valued at about $968,000. Citadel Advisors LLC purchased a new stake in VictoryShares International Free Cash Flow Growth ETF during the third quarter valued at about $267,000. Finally, Sunbelt Securities Inc. acquired a new position in shares of VictoryShares International Free Cash Flow Growth ETF in the third quarter worth about $123,000.

About VictoryShares International Free Cash Flow Growth ETF

Grindrod Shipping Holdings Ltd., an international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide. It operates through three segments: Handysize, Supramax/Ultramax, and Others. The company operates a fleet of vessels comprising handysize and supramax/ultramax dry bulk carriers transporting various bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers; and engages in the ship management activities.