Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Plans Quarterly Dividend of $0.26

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) announced a quarterly dividend on Thursday, December 18th. Investors of record on Friday, December 19th will be paid a dividend of 0.2641 per share on Monday, December 29th. This represents a c) annualized dividend 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 Trading Up 0.0%

NRES stock traded up $0.01 during midday trading on Friday, reaching $28.99. 5,178 shares of the company’s stock traded hands, compared to its average volume of 569. Xtrackers RREEF Global Natural Resources ETF has a 52-week low of $21.53 and a 52-week high of $29.33. The stock has a market cap of $34.21 million, a P/E ratio of 15.81 and a beta of 0.47. The stock’s 50-day moving average is $27.97 and its 200 day moving average is $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.