Democracy International Fund ETF (NYSEARCA:DMCY) Increases Dividend to $0.50 Per Share

Democracy International Fund ETF (NYSEARCA:DMCY) announced a quarterly dividend on Monday, December 29th. Shareholders of record on Tuesday, December 30th will be paid a dividend of 0.5041 per share on Wednesday, January 7th. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Tuesday, December 30th. This is a 491.7% increase from Democracy International Fund ETF’s previous quarterly dividend of $0.09.

Democracy International Fund ETF Stock Down 1.6%

DMCY traded down $0.50 during trading on Tuesday, reaching $31.15. 1,534 shares of the company’s stock were exchanged, compared to its average volume of 2,189. The company has a market capitalization of $9.97 million, a P/E ratio of 17.25 and a beta of 0.79. The business has a 50 day moving average price of $30.70 and a 200 day moving average price of $29.68. Democracy International Fund ETF has a fifty-two week low of $23.08 and a fifty-two week high of $31.75.

Democracy International Fund ETF Company Profile

The Democracy International Fund (DMCY) is an exchange-traded fund that is based on the Democracy Investments International index. The fund tracks an index of global, large- and mid-cap companies outside the US. The index aims to overweight investments in democratic countries while underweighting those in authoritarian countries. DMCY was launched on Mar 31, 2021 and is managed by Democracy.