USCF Dividend Income Fund Announces Monthly Dividend of $0.05 (NYSEARCA:UDI)

USCF Dividend Income Fund (NYSEARCA:UDI) announced a monthly dividend on Monday, August 24th. Shareholders of record on Tuesday, August 25th will be paid a dividend of 0.0474 per share on Thursday, August 27th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, August 25th.

USCF Dividend Income Fund Stock Performance

NYSEARCA:UDI opened at $37.58 on Tuesday. The stock has a 50-day simple moving average of $36.51 and a 200-day simple moving average of $35.15. The stock has a market cap of $3.38 million, a P/E ratio of 14.93 and a beta of 0.66. USCF Dividend Income Fund has a 1 year low of $30.26 and a 1 year high of $37.74.

Institutional Investors Weigh In On USCF Dividend Income Fund

A hedge fund recently bought a new position in USCF Dividend Income Fund stock. Kestra Advisory Services LLC purchased a new stake in USCF Dividend Income Fund (NYSEARCA:UDI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,373 shares of the company’s stock, valued at approximately $44,000. Kestra Advisory Services LLC owned about 0.60% of USCF Dividend Income Fund as of its most recent SEC filing.

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.