Democracy International Fund ETF (NYSEARCA:DMCY) Increases Dividend to $0.50 Per Share

Democracy International Fund ETF (NYSEARCA:DMCY) announced a quarterly dividend on Monday, December 29th. Shareholders of record on Tuesday, December 30th will be paid a dividend of 0.5041 per share on Wednesday, January 7th. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend is Tuesday, December 30th. This is a 491.7% increase from Democracy International Fund ETF’s previous quarterly dividend of $0.09.

Democracy International Fund ETF Price Performance

Shares of DMCY stock traded down $0.47 during trading hours on Tuesday, hitting $31.17. The stock had a trading volume of 1,534 shares, compared to its average volume of 2,189. The stock has a market capitalization of $9.97 million, a price-to-earnings ratio of 17.25 and a beta of 0.79. Democracy International Fund ETF has a one year low of $23.08 and a one year high of $31.75. The stock’s 50-day moving average price is $30.70 and its two-hundred day moving average price is $29.68.

About Democracy International Fund ETF

The Democracy International Fund (DMCY) is an exchange-traded fund that is based on the Democracy Investments International index. The fund tracks an index of global, large- and mid-cap companies outside the US. The index aims to overweight investments in democratic countries while underweighting those in authoritarian countries. DMCY was launched on Mar 31, 2021 and is managed by Democracy.