Democracy International Fund ETF (NYSEARCA:DMCY) to Issue Quarterly Dividend of $0.01

Democracy International Fund ETF (NYSEARCA:DMCYGet Free Report) announced a quarterly dividend on Wednesday, January 21st. Investors of record on Thursday, January 22nd will be paid a dividend of 0.0104 per share on Tuesday, January 27th. This represents a c) annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Thursday, January 22nd.

Democracy International Fund ETF Stock Performance

Shares of DMCY stock traded up $0.44 during mid-day trading on Thursday, reaching $32.23. 396 shares of the company’s stock traded hands, compared to its average volume of 877. The firm has a market capitalization of $11.28 million, a PE ratio of 17.25 and a beta of 0.79. Democracy International Fund ETF has a 12 month low of $23.08 and a 12 month high of $32.30. The firm has a 50 day moving average price of $31.13 and a two-hundred day moving average price of $30.08.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Wealth Group Ltd purchased a new position in shares of Democracy International Fund ETF in the fourth quarter worth $360,000. Concurrent Investment Advisors LLC bought a new position in shares of Democracy International Fund ETF during the 3rd quarter valued at about $1,325,000. Jane Street Group LLC bought a new position in shares of Democracy International Fund ETF during the 2nd quarter valued at about $456,000. Finally, Nia Impact Advisors LLC purchased a new position in shares of Democracy International Fund ETF during the second quarter valued at about $212,000.

About Democracy International Fund ETF

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The Democracy International Fund (DMCY) is an exchange-traded fund that is based on the Democracy Investments International index. The fund tracks an index of global, large- and mid-cap companies outside the US. The index aims to overweight investments in democratic countries while underweighting those in authoritarian countries. DMCY was launched on Mar 31, 2021 and is managed by Democracy.

Further Reading

Dividend History for Democracy International Fund ETF (NYSEARCA:DMCY)

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