Emerging Markets Equity Select ETF Plans Quarterly Dividend of $0.35 (NASDAQ:RNEM)

Emerging Markets Equity Select ETF (NASDAQ:RNEM) announced a quarterly dividend on Wednesday, June 24th. Shareholders of record on Thursday, June 25th will be paid a dividend of 0.3481 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, June 25th.

Emerging Markets Equity Select ETF Stock Performance

NASDAQ:RNEM traded down $0.24 during mid-day trading on Thursday, reaching $55.08. The stock had a trading volume of 563 shares, compared to its average volume of 1,538. Emerging Markets Equity Select ETF has a one year low of $46.90 and a one year high of $59.01. The stock has a market capitalization of $16.52 million, a P/E ratio of 15.10 and a beta of 0.44. The firm has a 50 day moving average price of $55.70 and a two-hundred day moving average price of $55.91.

Emerging Markets Equity Select ETF Company Profile

The First Trust Emerging Markets Equity Select ETF (RNEM) is an exchange-traded fund that is based on the Nasdaq Riskalyze Emerging Markets index. The fund tracks a tier-weighted index of emerging-market stocks selected for low volatility. RNEM was launched on Jun 20, 2017 and is managed by First Trust.