Wahed Dow Jones Islamic World ETF (UMMA) to Distribute Quarterly Dividend of $0.15 on September 25th

Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) announced a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be paid a dividend of $0.1510 per share on Friday, September 25th. This represents a $0.60 annualized dividend and a yield of 1.6%. The ex-dividend date is Thursday, September 24th. This is a 3,675.0% increase from Wahed Dow Jones Islamic World ETF’s previous quarterly dividend of $0.0040.

Wahed Dow Jones Islamic World ETF Price Performance

Shares of NASDAQ UMMA opened at $36.85 on Friday. The firm has a market capitalization of $294.80 million, a PE ratio of 23.30 and a beta of 1.04. Wahed Dow Jones Islamic World ETF has a 1-year low of $26.98 and a 1-year high of $41.53. The business’s fifty day moving average price is $36.88 and its two-hundred day moving average price is $35.85.

About Wahed Dow Jones Islamic World ETF

The Wahed Dow Jones Islamic World ETF (UMMA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of global ex-US securities that are determined to be Shariah-compliant based on business activities and accounting criteria. Holdings are also screened to assess ESG risks. UMMA was launched on Jan 7, 2022 and is managed by Wahed.