Xtrackers RREEF Global Natural Resources ETF to Issue Quarterly Dividend of $0.15 (NASDAQ:NRES)

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) announced a quarterly dividend on Thursday, December 19th,NASDAQ Dividends reports. Investors of record on Friday, December 20th will be paid a dividend of 0.1544 per share on Monday, December 30th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date is Friday, December 20th.

Xtrackers RREEF Global Natural Resources ETF Stock Performance

NRES stock traded up $0.05 during midday trading on Friday, reaching $23.40. The company’s stock had a trading volume of 306 shares, compared to its average volume of 5,040. Xtrackers RREEF Global Natural Resources ETF has a 1 year low of $23.11 and a 1 year high of $28.58. The firm has a market capitalization of $9.36 million, a price-to-earnings ratio of 12.65 and a beta of 0.60. The stock has a fifty day simple moving average of $26.01 and a two-hundred day simple moving average of $26.48.

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.