Small Cap Growth Alpha ETF (NASDAQ:JSML) Declares Quarterly Dividend of $0.0423
Small Cap Growth Alpha ETF (NASDAQ:JSML) announced a quarterly dividend of $0.0423/share. Record date Mar 31; pay date Apr 7. Key investor details.
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Small Cap Growth Alpha ETF (NASDAQ:JSML) announced a quarterly dividend on Monday, March 30, according to NASDAQ Dividends. Investors of record on Tuesday, March 31 will be eligible for a dividend payment of $0.0423 per share, scheduled to be paid on Tuesday, April 7. The declaration is a routine distribution for this small-cap growth-focused ETF and is important for income-focused and total-return investors to note.
What the quarterly dividend means for investors
The announced $0.0423 distribution represents the ETF’s quarterly payout. To assess the impact on your holdings, investors commonly annualize the distribution (multiply the quarterly amount by four) and then divide by the ETF’s current market price to estimate the dividend yield. For example, if JSML traded at $20, an annualized yield would be roughly (0.0423 x 4) / 20 = 0.85%. Actual yield will vary with the real-time share price and future distributions.
Key dates: record date and pay date
Understanding the record date and pay date is essential. The record date (March 31) is the date on which shareholders must be registered on the fund’s books to receive the dividend. The pay date (April 7) is when the dividend will be distributed to eligible shareholders’ accounts. If you’re considering buying JSML to capture the dividend, be sure to account for trade settlement timing so you’re listed as an owner by the record date.
Why this matters for ETF investors
ETF dividends can reflect income from holdings, realized capital gains or return of capital, depending on the fund’s strategy and underlying assets. For a small-cap growth ETF like JSML, distributions may be modest compared with income-focused funds, but they still contribute to total return. Investors should weigh dividend income alongside potential capital appreciation and volatility in small-cap growth sectors.
Next steps for shareholders
Confirm the details in the fund’s official filings and on NASDAQ’s dividend announcements for any updates. Consider tax implications, your investment horizon, and how JSML’s dividend fits into your broader portfolio strategy. If unsure, consult a financial advisor to interpret distributions relative to your goals.
Published on: April 1, 2026, 6:07 am
