VanEck Pharmaceutical ETF (NASDAQ:PPH) to Issue Dividend of $0.41

VanEck Pharmaceutical ETF (NASDAQ:PPH) announced a dividend on Thursday, December 26th,NASDAQ Dividends reports. Stockholders of record on Friday, December 27th will be given a dividend of 0.411 per share on Monday, December 30th. The ex-dividend date is Friday, December 27th. This is a boost from VanEck Pharmaceutical ETF’s previous dividend of $0.36.

VanEck Pharmaceutical ETF Stock Down 0.8 %

PPH stock traded down $0.68 during mid-day trading on Friday, reaching $87.17. 30,865 shares of the company traded hands, compared to its average volume of 151,231. The firm’s 50 day moving average price is $89.69 and its 200 day moving average price is $92.76. The stock has a market cap of $644.19 million, a price-to-earnings ratio of 21.04 and a beta of 0.72. VanEck Pharmaceutical ETF has a fifty-two week low of $81.03 and a fifty-two week high of $99.51.

VanEck Pharmaceutical ETF Company Profile

The VanEck Pharmaceutical ETF (PPH) is an exchange-traded fund that is based on the MVIS US Listed Pharmaceutical 25 index, a market-cap-weighted index of 25 of the largest global pharmaceutical firms. PPH was launched on Feb 1, 2000 and is managed by VanEck.