Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) Declares Quarterly Dividend of $0.08

Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) declared a quarterly dividend on Tuesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Wednesday, March 26th will be paid a dividend of 0.08 per share on Thursday, March 27th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date of this dividend is Wednesday, March 26th.

Wahed FTSE USA Shariah ETF Stock Performance

Shares of HLAL stock traded down $0.68 during trading on Wednesday, hitting $49.99. 109,773 shares of the company were exchanged, compared to its average volume of 67,907. The business’s 50-day simple moving average is $52.32 and its 200 day simple moving average is $52.41. Wahed FTSE USA Shariah ETF has a twelve month low of $45.80 and a twelve month high of $55.15. The firm has a market capitalization of $554.89 million, a price-to-earnings ratio of 25.91 and a beta of 1.05.

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.