Range Global Coal Index ETF (COAL) to Distribute Annual Dividend of $0.60 on December 31st

Range Global Coal Index ETF (NYSEARCA:COAL) declared an annual dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be paid a dividend of 0.5999 per share on Wednesday, December 31st. This represents a yield of 262.0%. The ex-dividend date is Tuesday, December 30th.

Range Global Coal Index ETF Stock Down 2.8%

COAL stock opened at $22.94 on Wednesday. Range Global Coal Index ETF has a 52-week low of $13.85 and a 52-week high of $24.95. The stock has a market cap of $29.59 million, a price-to-earnings ratio of 8.14 and a beta of 0.56. The business has a fifty day moving average of $22.49 and a two-hundred day moving average of $21.15.

Institutional Trading of Range Global Coal Index ETF

An institutional investor recently bought a new position in Range Global Coal Index ETF stock. Jane Street Group LLC bought a new position in shares of Range Global Coal Index ETF (NYSEARCA:COAL) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 28,668 shares of the company’s stock, valued at approximately $500,000. Jane Street Group LLC owned 3.22% of Range Global Coal Index ETF as of its most recent SEC filing.

About Range Global Coal Index ETF

The Range Global Coal Index ETF (COAL) is an exchange-traded fund that is based on the Range Global Coal index. The fund is designed to replicate the performance of a market-cap weighted index comprising global stocks primarily involved in the coal industry, including those engaged in coal production and logistics. COAL was launched on Jan 23, 2024 and is issued by Range.