NETLease Corporate Real Estate ETF (NYSEARCA:NETL) to Issue $0.10 Dividend

NETLease Corporate Real Estate ETF (NYSEARCA:NETL) declared a dividend on Wednesday, February 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, February 27th will be paid a dividend of 0.10 per share on Friday, February 28th. The ex-dividend date is Thursday, February 27th.

NETLease Corporate Real Estate ETF Stock Performance

Shares of NYSEARCA NETL traded up $0.13 during midday trading on Thursday, hitting $24.86. 4,564 shares of the company’s stock traded hands, compared to its average volume of 10,746. The firm has a fifty day moving average of $23.68 and a 200 day moving average of $25.24. NETLease Corporate Real Estate ETF has a 1 year low of $21.90 and a 1 year high of $27.67. The stock has a market capitalization of $38.04 million, a price-to-earnings ratio of 22.64 and a beta of 1.11.

About NETLease Corporate Real Estate ETF

The fundamental Income Net Lease Real Estate ETF (NETL) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index that provides current income by investing in net lease US real estate equities weighted by a modified market-cap strategy. NETL was launched on Mar 22, 2019 and is managed by NETL.