Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Increases Dividend to $0.26 Per Share

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) declared a quarterly dividend on Thursday, December 18th. Investors of record on Friday, December 19th will be given a dividend of 0.2641 per share on Monday, December 29th. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Friday, December 19th. This is a 31.7% increase from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.20.

Xtrackers RREEF Global Natural Resources ETF Stock Performance

NRES traded up $0.01 during trading on Friday, reaching $28.99. 5,178 shares of the company traded hands, compared to its average volume of 569. The company has a market cap of $34.21 million, a P/E ratio of 15.81 and a beta of 0.47. Xtrackers RREEF Global Natural Resources ETF has a 12-month low of $21.53 and a 12-month high of $29.33. The firm has a fifty day simple moving average of $27.97 and a 200 day simple moving average of $26.82.

Xtrackers RREEF Global Natural Resources ETF Company Profile

The Xtrackers RREEF Global Natural Resources ETF (NRES) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in equity and equity-related securities of companies within the global natural resources sector. The fund aims for capital growth and income generation NRES was launched on Feb 27, 2024 and is issued by Xtrackers.