Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Plans Quarterly Dividend of $0.10

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) announced a quarterly dividend on Friday, September 20th, Wall Street Journal reports. Stockholders of record on Friday, September 20th will be given a dividend of 0.1018 per share on Friday, September 27th. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date is Friday, September 20th.

Xtrackers RREEF Global Natural Resources ETF Stock Performance

Shares of NRES stock traded down $0.29 on Friday, reaching $26.76. 149 shares of the company’s stock traded hands, compared to its average volume of 5,040. The business’s 50 day moving average price is $26.53 and its two-hundred day moving average price is $26.98. The company has a market capitalization of $11.51 million, a P/E ratio of 12.65 and a beta of 0.60. Xtrackers RREEF Global Natural Resources ETF has a 12-month low of $24.96 and a 12-month high of $28.58.

About Xtrackers RREEF Global Natural Resources ETF

The Xtrackers RREEF Global Natural Resources ETF (NRES) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in equity and equity-related securities of companies within the global natural resources sector. The fund aims for capital growth and income generation NRES was launched on Feb 27, 2024 and is issued by Xtrackers.