Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Plans Quarterly Dividend of $0.24

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) dividend on an annualized basis and a dividend 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 Stock Down 2.1%

NRES traded down $0.69 during trading on Thursday, reaching $31.90. 172 shares of the company were exchanged, compared to its average volume of 1,679. The company’s 50-day moving average is $34.16 and its two-hundred day moving average is $32.89. The company has a market cap 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 12-month low of $25.14 and a 12-month 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.