Emerging Markets Equity Active ETF (NASDAQ:REMG) to Issue Annual Dividend of $0.41

Emerging Markets Equity Active ETF (NASDAQ:REMG) announced an annual dividend on Tuesday, December 16th, NASDAQ Dividends reports. Stockholders of record on Wednesday, December 17th will be given a dividend of 0.4051 per share on Friday, December 19th. This represents a dividend yield of 143.0%. The ex-dividend date of this dividend is Wednesday, December 17th.

Emerging Markets Equity Active ETF Stock Performance

Shares of NASDAQ REMG traded down $0.65 during midday trading on Wednesday, hitting $28.32. 4,963 shares of the company’s stock were exchanged, compared to its average volume of 23,213. Emerging Markets Equity Active ETF has a twelve month low of $24.02 and a twelve month high of $30.05. The stock has a market cap of $67.97 million, a price-to-earnings ratio of 12.01 and a beta of 1.61. The business’s 50 day moving average is $29.18.

About Emerging Markets Equity Active ETF

The Emerging Markets Equity Active ETF (REMG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that employs a multi-manager, multi-style investment approach, investing in companies of various market capitalizations from emerging market countries.