Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) to Issue $0.08 Quarterly Dividend

Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) announced a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Investors of record on Thursday, March 26th will be paid a dividend of 0.077 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Thursday, March 26th.

Wahed FTSE USA Shariah ETF Stock Down 2.2%

Shares of NASDAQ HLAL traded down $1.30 during mid-day trading on Thursday, reaching $58.84. 53,341 shares of the company were exchanged, compared to its average volume of 70,287. Wahed FTSE USA Shariah ETF has a 1 year low of $42.10 and a 1 year high of $64.19. The firm has a 50-day moving average of $62.30 and a 200 day moving average of $61.37. The stock has a market cap of $691.37 million, a price-to-earnings ratio of 26.06 and a beta of 1.00.

Wahed FTSE USA Shariah ETF Company Profile

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.