Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) Increases Dividend to $0.15 Per Share

Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) announced a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Stockholders of record on Thursday, September 26th will be paid a dividend of 0.145 per share on Friday, September 27th. This represents a $0.58 annualized dividend and a dividend yield of 2.23%. The ex-dividend date is Thursday, September 26th. This is a positive change from Wahed Dow Jones Islamic World ETF’s previous quarterly dividend of $0.0050427.

Wahed Dow Jones Islamic World ETF Stock Performance

Wahed Dow Jones Islamic World ETF stock traded up $0.82 during mid-day trading on Thursday, reaching $26.06. The company’s stock had a trading volume of 30,665 shares, compared to its average volume of 25,932. Wahed Dow Jones Islamic World ETF has a 12-month low of $19.18 and a 12-month high of $26.29. The company has a market capitalization of $106.85 million, a P/E ratio of 20.60 and a beta of 1.03. The firm’s fifty day moving average price is $24.71 and its two-hundred day moving average price is $24.48.

About Wahed Dow Jones Islamic World ETF

The Wahed Dow Jones Islamic World ETF (UMMA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of global ex-US securities that are determined to be Shariah-compliant based on business activities and accounting criteria. Holdings are also screened to assess ESG risks.