Matthews China Discovery Active ETF (NASDAQ:MCHS) Declares Annual Dividend of $1.16

Matthews China Discovery Active ETF (NASDAQ:MCHS) declared an annual dividend on Tuesday, December 16th, NASDAQ Dividends reports. Stockholders of record on Wednesday, December 17th will be paid a dividend of 1.1571 per share on Monday, December 22nd. This represents a dividend yield of 358.0%. The ex-dividend date of this dividend is Wednesday, December 17th.

Matthews China Discovery Active ETF Stock Down 2.7%

Shares of NASDAQ MCHS traded down $0.88 during midday trading on Wednesday, hitting $32.28. The company had a trading volume of 2,385 shares, compared to its average volume of 428. The firm has a market capitalization of $3.23 million, a price-to-earnings ratio of 16.73 and a beta of 0.25. Matthews China Discovery Active ETF has a twelve month low of $23.85 and a twelve month high of $35.15. The business has a 50-day simple moving average of $33.39 and a two-hundred day simple moving average of $32.06.

About Matthews China Discovery Active ETF

The Matthews China Discovery Active ETF (MCHS) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, seeking long-term capital appreciation through investments in small- and mid-cap stocks of Chinese companies with perceived sustainable growth potential.