Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) to Issue $0.56 Annual Dividend

Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) announced an annual dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be paid a dividend of 0.562 per share on Wednesday, January 7th. This represents a yield of 172.0%. The ex-dividend date is Tuesday, December 30th.

Rayliant SMDAM Japan Equity ETF Trading Down 1.7%

RAYJ traded down $0.55 on Tuesday, reaching $32.70. The stock had a trading volume of 1,144 shares, compared to its average volume of 5,117. The company has a market capitalization of $15.37 million, a price-to-earnings ratio of 20.96 and a beta of 0.65. Rayliant SMDAM Japan Equity ETF has a fifty-two week low of $23.70 and a fifty-two week high of $38.00. The firm has a 50-day moving average of $33.96 and a 200-day moving average of $33.03.

Rayliant SMDAM Japan Equity ETF Company Profile

The Rayliant SMDAM Japan Equity ETF (RAYJ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing primarily in Japanese stocks. The fund targets firms that are perceived to exhibit sustainable earnings growth and sector flexibility RAYJ was launched on Apr 4, 2024 and is issued by Rayliant.