SP Funds S&P Global REIT Sharia ETF (NYSEARCA:SPRE) Plans Monthly Dividend of $0.07

SP Funds S&P Global REIT Sharia ETF (NYSEARCA:SPRE) announced a monthly dividend on Thursday, January 22nd. Shareholders of record on Friday, January 23rd will be paid a dividend of 0.067 per share on Monday, January 26th. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Friday, January 23rd. This is a 2.6% increase from SP Funds S&P Global REIT Sharia ETF’s previous monthly dividend of $0.07.

SP Funds S&P Global REIT Sharia ETF Stock Down 0.9%

SPRE opened at $19.89 on Friday. SP Funds S&P Global REIT Sharia ETF has a twelve month low of $16.42 and a twelve month high of $20.81. The company’s 50-day moving average price is $19.61 and its two-hundred day moving average price is $19.46. The stock has a market cap of $188.96 million, a price-to-earnings ratio of 36.50 and a beta of 1.07.

SP Funds S&P Global REIT Sharia ETF Company Profile

The SP Funds S&P Global REIT Sharia ETF (SPRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a market-cap-weighted index of Shariah-compliant global REITs. SPRE was launched on Dec 30, 2020 and is managed by SP Funds.