Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Declares Dividend Increase – $0.22 Per Share

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) announced a quarterly dividend on Thursday, June 20th, Wall Street Journal reports. Stockholders of record on Friday, June 21st will be paid a dividend of 0.2153 per share on Friday, June 28th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date is Friday, June 21st. This is a positive change from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.06.

Xtrackers RREEF Global Natural Resources ETF Stock Performance

Shares of NASDAQ NRES opened at $26.32 on Friday. The stock has a market cap of $11.32 million, a PE ratio of 12.65 and a beta of 0.60. Xtrackers RREEF Global Natural Resources ETF has a 12-month low of $24.96 and a 12-month high of $28.58. The company’s 50-day simple moving average is $27.53.

Xtrackers RREEF Global Natural Resources ETF Company Profile

The Xtrackers RREEF Global Natural Resources ETF (NRES) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in equity and equity-related securities of companies within the global natural resources sector. The fund aims for capital growth and income generation NRES was launched on Feb 27, 2024 and is issued by Xtrackers.