USCF Dividend Income Fund (NYSEARCA:UDI) Announces Dividend Increase – $0.07 Per Share

USCF Dividend Income Fund (NYSEARCA:UDI) declared a monthly dividend on Tuesday, June 23rd. Stockholders of record on Wednesday, June 24th will be paid a dividend of 0.0734 per share on Friday, June 26th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, June 24th. This is a 46.2% increase from USCF Dividend Income Fund’s previous monthly dividend of $0.05.

USCF Dividend Income Fund Trading Up 0.6%

UDI opened at $35.60 on Wednesday. The company has a fifty day simple moving average of $34.78 and a 200 day simple moving average of $33.86. The firm has a market cap of $7.83 million, a price-to-earnings ratio of 14.93 and a beta of 0.68. USCF Dividend Income Fund has a twelve month low of $29.45 and a twelve month high of $35.97.

USCF Dividend Income Fund Company Profile

The USCF ESG Dividend Income Fund (UDI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that primarily invests in US exchange-traded, dividend-paying companies that meet the funds financial and ESG criteria. UDI was launched on Jun 8, 2022 and is managed by USCF Advisers.