USCF Dividend Income Fund (NYSEARCA:UDI) to Issue Monthly Dividend of $0.05

USCF Dividend Income Fund (NYSEARCA:UDI) declared a monthly dividend on Thursday, May 21st. Stockholders of record on Friday, May 22nd will be given a dividend of 0.0502 per share on Wednesday, May 27th. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Friday, May 22nd.

USCF Dividend Income Fund Price Performance

UDI stock traded up $0.22 during midday trading on Friday, reaching $35.12. 491 shares of the company’s stock traded hands, compared to its average volume of 3,757. The company has a market capitalization of $7.73 million, a P/E ratio of 14.93 and a beta of 0.69. USCF Dividend Income Fund has a fifty-two week low of $28.80 and a fifty-two week high of $35.12. The business has a 50-day moving average price of $34.12 and a two-hundred day moving average price of $33.21.

About USCF Dividend Income Fund

The USCF ESG Dividend Income Fund (UDI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that primarily invests in US exchange-traded, dividend-paying companies that meet the funds financial and ESG criteria. UDI was launched on Jun 8, 2022 and is managed by USCF Advisers.