Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Increases Dividend to $0.24 Per Share

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) announced a quarterly dividend on Wednesday, June 17th, NASDAQ Dividends reports. Investors of record on Thursday, June 18th will be given a dividend of 0.2428 per share on Friday, June 26th. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Thursday, June 18th. This is a 112.5% increase from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.11.

Xtrackers RREEF Global Natural Resources ETF Trading Down 2.1%

NRES stock traded down $0.69 during trading on Thursday, hitting $31.90. 172 shares of the company’s stock were exchanged, compared to its average volume of 1,679. The business has a 50-day moving average price of $34.16 and a two-hundred day moving average price of $32.89. The stock has a market capitalization of $35.09 million, a price-to-earnings ratio of 15.81 and a beta of 0.15. Xtrackers RREEF Global Natural Resources ETF has a 52-week low of $25.14 and a 52-week high of $35.61.

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.