Global X U.S. Electrification ETF (NASDAQ:ZAP) to Issue Quarterly Dividend of $0.15

Global X U.S. Electrification ETF (NASDAQ:ZAP) declared a quarterly dividend on Monday, December 29th, NASDAQ Dividends reports. Stockholders of record on Tuesday, December 30th will be given a dividend of 0.1484 per share on Wednesday, January 7th. This represents a c) dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Tuesday, December 30th. This is a 51.3% increase from Global X U.S. Electrification ETF’s previous quarterly dividend of $0.10.

Global X U.S. Electrification ETF Stock Performance

Global X U.S. Electrification ETF stock traded down $0.18 during midday trading on Tuesday, reaching $29.23. 77,658 shares of the stock were exchanged, compared to its average volume of 79,280. The company’s fifty day moving average is $29.97 and its 200-day moving average is $28.78. Global X U.S. Electrification ETF has a 52 week low of $22.16 and a 52 week high of $31.52. The firm has a market cap of $248.46 million, a PE ratio of -292.30 and a beta of 1.40.

Global X U.S. Electrification ETF Company Profile

The Global X U.S. Electrification ETF (ZAP) is an exchange-traded fund that is based on the Global X US Electrification index. The fund tracks market-cap selected and weighted index of US listed companies in developed markets involved in the industry of electrification. This includes companies involved in conventional and alternative electricity, and smart grid technologies. ZAP was launched on Dec 17, 2024 and is issued by Global X.