Procure Space ETF (NASDAQ:UFO) Declares Dividend Increase – $0.18 Per Share

Procure Space ETF (NASDAQ:UFO) declared a quarterly dividend on Thursday, September 26th, NASDAQ reports. Shareholders of record on Friday, September 27th will be paid a dividend of 0.1812 per share on Monday, September 30th. This represents a $0.72 annualized dividend and a yield of 3.73%. The ex-dividend date is Friday, September 27th. This is a boost from Procure Space ETF’s previous quarterly dividend of $0.04.

Procure Space ETF Price Performance

Shares of NASDAQ:UFO traded up $0.25 on Friday, hitting $19.43. 18,574 shares of the company’s stock were exchanged, compared to its average volume of 9,614. The business’s 50 day simple moving average is $18.22 and its two-hundred day simple moving average is $16.86. The stock has a market capitalization of $35.56 million, a price-to-earnings ratio of 10.18 and a beta of 1.10. Procure Space ETF has a 12 month low of $15.06 and a 12 month high of $19.81.

About Procure Space ETF

The Procure Space ETF (UFO) is an exchange-traded fund that is based on the S-Network Space index. The fund tracks a tier-weighted index of aerospace companies located globally. UFO was launched on Apr 11, 2019 and is managed by ProcureAM.