Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) Declares Quarterly Dividend of $0.10

Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) declared a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be paid a dividend of 0.096 per share on Friday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend 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 Stock Down 0.3%

NASDAQ:HLAL traded down $0.25 during trading hours on Thursday, reaching $74.65. The company had a trading volume of 9,068 shares, compared to its average volume of 62,674. The business’s 50-day simple moving average is $72.21 and its two-hundred day simple moving average is $68.89. 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 cap of $971.90 million, a price-to-earnings ratio of 26.06 and a beta of 1.03.

About Wahed FTSE USA Shariah ETF

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.