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

USCF Dividend Income Fund (NYSEARCA:UDI) declared a monthly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be given a dividend of 0.0728 per share on Monday, September 28th. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date is Thursday, September 24th. This is a 53.6% increase from USCF Dividend Income Fund’s previous monthly dividend of $0.05.

USCF Dividend Income Fund Price Performance

USCF Dividend Income Fund stock traded down $0.02 during mid-day trading on Thursday, hitting $35.56. The company’s stock had a trading volume of 3,744 shares, compared to its average volume of 2,515. USCF Dividend Income Fund has a 52-week low of $30.26 and a 52-week high of $37.74. The company has a market cap of $3.20 million, a PE ratio of 14.93 and a beta of 0.66. The firm’s 50 day moving average is $37.01 and its 200 day moving average is $35.51.

About USCF Dividend Income Fund

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.