Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) Declares Quarterly Dividend of $0.15

Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) declared a quarterly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be given a dividend of 0.151 per share on Friday, September 25th. This represents a c) annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 3,675.0% increase from Wahed Dow Jones Islamic World ETF’s previous quarterly dividend of $0.004.

Wahed Dow Jones Islamic World ETF Price Performance

UMMA traded down $0.55 on Thursday, reaching $36.57. The company’s stock had a trading volume of 14,143 shares, compared to its average volume of 49,358. Wahed Dow Jones Islamic World ETF has a 1 year low of $26.98 and a 1 year high of $41.53. The business’s 50 day moving average is $36.86 and its 200 day moving average is $35.82. The stock has a market cap of $292.56 million, a price-to-earnings ratio of 23.30 and a beta of 1.04.

About Wahed Dow Jones Islamic World ETF

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. UMMA was launched on Jan 7, 2022 and is managed by Wahed.