Wahed FTSE USA Shariah ETF to Issue Quarterly Dividend of $0.02 (NASDAQ:HLAL)

Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) announced a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 25th will be paid a dividend of 0.019 per share on Friday, June 26th. This represents a c) annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Thursday, June 25th.

Wahed FTSE USA Shariah ETF Price Performance

Shares of NASDAQ HLAL traded up $0.14 during mid-day trading on Thursday, reaching $69.75. 64,229 shares of the company’s stock were exchanged, compared to its average volume of 66,705. The firm has a 50-day moving average price of $69.50 and a two-hundred day moving average price of $64.68. The firm has a market capitalization of $855.83 million, a price-to-earnings ratio of 26.06 and a beta of 1.02. Wahed FTSE USA Shariah ETF has a 52 week low of $52.85 and a 52 week high of $73.83.

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.