Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN) Announces Dividend Increase – $0.53 Per Share

Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN) announced a quarterly dividend on Monday, December 29th, NASDAQ Dividends reports. Investors of record on Tuesday, December 30th will be paid a dividend of 0.5263 per share on Monday, January 5th. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date of this dividend is Tuesday, December 30th. This is a 5,589.8% increase from Pacer Nasdaq International Patent Leaders ETF’s previous quarterly dividend of $0.0092505.

Pacer Nasdaq International Patent Leaders ETF Stock Down 1.3%

NASDAQ PATN traded down $0.36 during trading on Tuesday, hitting $27.08. The company’s stock had a trading volume of 2,219 shares, compared to its average volume of 4,496. The firm has a 50 day moving average price of $27.00 and a 200 day moving average price of $25.32. The firm has a market cap of $18.41 million, a P/E ratio of 18.15 and a beta of 1.57. Pacer Nasdaq International Patent Leaders ETF has a 52 week low of $18.32 and a 52 week high of $27.78.

About Pacer Nasdaq International Patent Leaders ETF

The Pacer Nasdaq International Patent Leaders ETF (PATN) is an exchange-traded fund that is based on the Nasdaq International Patent Leaders index. The fund seeks to track an index of the top 100 international large- and midcap growth companies, as measured by patent valuations. Holdings are weighted by market capitalization. PATN was launched on Sep 16, 2024 and is issued by Pacer.