Xtrackers RREEF Global Natural Resources ETF (NRES) to Issue Quarterly Dividend of $0.24 on June 26th

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) declared a quarterly dividend on Wednesday, June 17th, NASDAQ Dividends reports. Shareholders of record on Thursday, June 18th will be given a dividend of 0.2428 per share on Friday, June 26th. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date is Thursday, June 18th. This is a 112.5% increase from Xtrackers RREEF Global Natural Resources ETF’s previous quarterly dividend of $0.11.

Xtrackers RREEF Global Natural Resources ETF Price Performance

NASDAQ NRES opened at $31.90 on Friday. Xtrackers RREEF Global Natural Resources ETF has a fifty-two week low of $25.14 and a fifty-two week high of $35.61. The stock’s 50-day moving average is $34.09 and its two-hundred day moving average is $32.91. The firm has a market cap of $35.09 million, a P/E ratio of 15.81 and a beta of 0.15.

Xtrackers RREEF Global Natural Resources ETF Company Profile

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.