Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) Increases Dividend to $0.23 Per Share

Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) declared a quarterly dividend on Tuesday, September 23rd. Stockholders of record on Wednesday, September 24th will be given a dividend of 0.23 per share on Thursday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Wednesday, September 24th. This is a 2,671.1% increase from Wahed Dow Jones Islamic World ETF’s previous quarterly dividend of $0.0083.

Wahed Dow Jones Islamic World ETF Price Performance

Wahed Dow Jones Islamic World ETF stock opened at $27.45 on Thursday. Wahed Dow Jones Islamic World ETF has a one year low of $20.85 and a one year high of $28.15. The business has a fifty day moving average price of $26.62 and a 200-day moving average price of $25.52. The firm has a market capitalization of $159.18 million, a P/E ratio of 23.30 and a beta of 1.03.

Wahed Dow Jones Islamic World ETF Company Profile

The Wahed Dow Jones Islamic World ETF (UMMA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of global ex-US securities that are determined to be Shariah-compliant based on business activities and accounting criteria. Holdings are also screened to assess ESG risks.