The Intelligent Real Estate ETF Declares Quarterly Dividend of $0.16 (NASDAQ:REAI)

The Intelligent Real Estate ETF (NASDAQ:REAI) declared a quarterly dividend on Thursday, March 26th, NASDAQ Dividends reports. Investors of record on Friday, March 27th will be given a dividend of 0.1603 per share on Monday, March 30th. This represents a c) annualized dividend and a yield of 3.3%. The ex-dividend date is Friday, March 27th.

Intelligent Real Estate ETF Stock Performance

REAI stock traded up $0.11 during midday trading on Friday, hitting $19.51. 9 shares of the stock were exchanged, compared to its average volume of 197. The stock’s 50-day moving average price is $20.42 and its 200-day moving average price is $19.88. The stock has a market cap of $975,515.00, a price-to-earnings ratio of 24.84 and a beta of 1.01. Intelligent Real Estate ETF has a fifty-two week low of $17.08 and a fifty-two week high of $21.57.

Intelligent Real Estate ETF Company Profile

The Tidal ETF Trust Intelligent Real Estate ETF (REAI) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed fund that invests primarily in US-listed commercial REITs that provide qualitative characteristics of a portfolio of public, non-traded REITs. The fund also invests, to a lesser extent, in mortgage-backed securities. REAI was launched on Jun 13, 2023 and is issued by Armada ETF Advisors.