Wahed Dow Jones Islamic World ETF (UMMA) to Issue Quarterly Dividend of $0.12 on March 27th

Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) announced a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 26th will be paid a dividend of 0.12 per share on Friday, March 27th. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Thursday, March 26th. This is a 2,621.1% increase from Wahed Dow Jones Islamic World ETF’s previous quarterly dividend of $0.00441.

Wahed Dow Jones Islamic World ETF Stock Down 3.6%

UMMA stock opened at $29.98 on Friday. The firm has a market capitalization of $190.37 million, a PE ratio of 23.30 and a beta of 0.98. Wahed Dow Jones Islamic World ETF has a twelve month low of $20.85 and a twelve month high of $34.98. The stock’s 50 day moving average is $32.38 and its 200-day moving average is $29.95.

Wahed Dow Jones Islamic World ETF Company Profile

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.