Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) Increases Dividend to $0.10 Per Share

Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) announced a quarterly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be paid a dividend of 0.096 per share on Friday, September 25th. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Thursday, September 24th. This is a 405.3% increase from Wahed FTSE USA Shariah ETF’s previous quarterly dividend of $0.02.

Wahed FTSE USA Shariah ETF Price Performance

NASDAQ:HLAL traded down $0.20 during midday trading on Thursday, reaching $74.70. 5,891 shares of the company traded hands, compared to its average volume of 62,660. Wahed FTSE USA Shariah ETF has a twelve month low of $57.22 and a twelve month high of $75.64. The firm has a market capitalization of $972.55 million, a price-to-earnings ratio of 26.06 and a beta of 1.03. The company has a fifty day moving average price of $72.21 and a 200 day moving average price of $68.89.

Wahed FTSE USA Shariah ETF Company Profile

The Wahed FTSE USA Shariah ETF (HLAL) is an exchange-traded fund that is based on the FTSE USA Shariah index, a principles-selected, market-cap-weighted index of US equities. HLAL was launched on Jul 16, 2019 and is managed by Wahed.