Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) to Issue $0.10 Quarterly Dividend

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) announced a quarterly dividend on Thursday, September 19th, Wall Street Journal reports. Investors of record on Friday, September 20th will be paid a dividend of 0.1018 per share on Friday, September 27th. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date of this dividend is Friday, September 20th.

Xtrackers RREEF Global Natural Resources ETF Price Performance

Shares of NRES stock opened at $26.56 on Friday. The company has a market cap of $11.42 million, a P/E ratio of 12.65 and a beta of 0.60. The stock’s 50-day moving average is $26.51 and its 200 day moving average is $26.99. Xtrackers RREEF Global Natural Resources ETF has a 1-year low of $24.96 and a 1-year high of $28.58.

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.