Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) to Issue Dividend Increase – $0.23 Per Share

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) announced a quarterly dividend on Thursday, December 5th,Wall Street Journal reports. Stockholders of record on Friday, December 6th will be given a dividend of 0.231 per share on Friday, December 13th. This represents a $0.92 annualized dividend and a dividend yield of 3.66%. The ex-dividend date is Friday, December 6th. This is an increase from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.10.

Xtrackers RREEF Global Natural Resources ETF Trading Down 1.2 %

NRES opened at $25.24 on Friday. The company’s 50 day moving average is $26.50 and its 200 day moving average is $26.69. The company has a market cap of $10.10 million, a price-to-earnings ratio of 12.65 and a beta of 0.60. Xtrackers RREEF Global Natural Resources ETF has a 12-month low of $24.96 and a 12-month high of $28.58.

About Xtrackers RREEF Global Natural Resources ETF

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.