Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) Plans Quarterly Dividend of $0.17

Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) announced a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Thursday, September 26th will be paid a dividend of 0.17 per share on Friday, September 27th. This represents a $0.68 annualized dividend and a yield of 1.31%. The ex-dividend date is Thursday, September 26th. This is a positive change from Wahed FTSE USA Shariah ETF’s previous quarterly dividend of $0.02.

Wahed FTSE USA Shariah ETF Stock Performance

HLAL stock opened at $51.95 on Friday. The company has a market capitalization of $509.11 million, a PE ratio of 24.44 and a beta of 1.05. Wahed FTSE USA Shariah ETF has a one year low of $39.62 and a one year high of $52.81. The company’s 50 day moving average price is $50.41 and its two-hundred day moving average price is $49.49.

Wahed FTSE USA Shariah ETF Company Profile

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.