iShares MSCI UAE Capped ETF (NASDAQ:UAE) Announces Semiannual Dividend of $0.48

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iShares MSCI UAE Capped ETF (NASDAQ:UAE) announced a semiannual dividend on Monday, June 17th, Wall Street Journal reports. Stockholders of record on Tuesday, June 18th will be given a dividend of 0.4759 per share on Friday, June 21st. This represents a dividend yield of 5.8%. The ex-dividend date is Monday, June 17th. This is a boost from iShares MSCI UAE Capped ETF’s previous semiannual dividend of $0.07.

iShares MSCI UAE Capped ETF has decreased its dividend payment by an average of 8.4% per year over the last three years.

Shares of iShares MSCI UAE Capped ETF stock opened at $13.47 on Wednesday. iShares MSCI UAE Capped ETF has a 52 week low of $13.09 and a 52 week high of $16.00.

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