Rayliant Quantamental China Equity ETF Announces Annual Dividend of $0.36 (NYSEARCA:RAYC)

Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC) declared an annual dividend on Tuesday, November 25th. Shareholders of record on Wednesday, November 26th will be paid a dividend of 0.3575 per share on Friday, November 28th. This represents a yield of 199.0%. The ex-dividend date is Wednesday, November 26th.

Rayliant Quantamental China Equity ETF Trading Down 1.9%

Rayliant Quantamental China Equity ETF stock traded down $0.35 during mid-day trading on Wednesday, hitting $17.99. The stock had a trading volume of 1,428 shares, compared to its average volume of 5,132. Rayliant Quantamental China Equity ETF has a 12 month low of $12.49 and a 12 month high of $19.06. The stock has a market capitalization of $20.68 million, a PE ratio of 11.86 and a beta of 0.25. The stock has a 50-day simple moving average of $18.32 and a two-hundred day simple moving average of $16.66.

About Rayliant Quantamental China Equity ETF

The Rayliant Quantamental China Equity ETF (RAYC) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of Chinese stocks selected and weighted based on a combination of quantitative and fundamental, quantamental, proprietary research. RAYC was launched on Dec 31, 2020 and is managed by Rayliant.