U.S. Diversified Real Estate ETF (NYSEARCA:PPTY – Get Free Report) announced a quarterly dividend on Monday, October 19th. Shareholders of record on Tuesday, October 20th will be paid a dividend of $0.2878 per share on Wednesday, October 21st. This represents a $1.15 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Tuesday, October 20th. This is a 2.0% decrease from U.S. Diversified Real Estate ETF’s previous quarterly dividend of $0.2936.
U.S. Diversified Real Estate ETF Stock Up 0.9%
Shares of NYSEARCA:PPTY opened at $31.72 on Wednesday. The stock has a market cap of $23.79 million, a price-to-earnings ratio of 34.93 and a beta of 0.93. U.S. Diversified Real Estate ETF has a 12-month low of $29.34 and a 12-month high of $35.44. The business’s 50 day moving average is $32.57 and its 200 day moving average is $33.08.
About U.S. Diversified Real Estate ETF
The Vident U.S. Diversified Real Estate ETF (PPTY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of fundamentally-selected and -weighted US-listed equities that derive income from the ownership or management of real estate. PPTY was launched on Mar 24, 2018 and is managed by Vident.
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