SP Funds S&P Global REIT Sharia ETF (SPRE) To Go Ex-Dividend on January 23rd

SP Funds S&P Global REIT Sharia ETF (NYSEARCA:SPRE) announced a monthly dividend on Thursday, January 22nd. Shareholders of record on Friday, January 23rd will be paid a dividend of 0.067 per share on Monday, January 26th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Friday, January 23rd. This is a 2.6% increase from SP Funds S&P Global REIT Sharia ETF’s previous monthly dividend of $0.07.

SP Funds S&P Global REIT Sharia ETF Stock Performance

Shares of SPRE opened at $19.96 on Friday. SP Funds S&P Global REIT Sharia ETF has a 52-week low of $16.42 and a 52-week high of $20.81. The business’s fifty day moving average is $19.62 and its 200-day moving average is $19.47. The firm has a market cap of $189.62 million, a price-to-earnings ratio of 36.50 and a beta of 1.07.

SP Funds S&P Global REIT Sharia ETF Company Profile

The SP Funds S&P Global REIT Sharia ETF (SPRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a market-cap-weighted index of Shariah-compliant global REITs. SPRE was launched on Dec 30, 2020 and is managed by SP Funds.