Inspire Fidelis Multi Factor ETF (NYSEARCA:FDLS) Declares Dividend Increase – $0.10 Per Share

Inspire Fidelis Multi Factor ETF (NYSEARCA:FDLS) announced a quarterly dividend on Tuesday, December 16th. Investors of record on Wednesday, December 17th will be given a dividend of 0.0957 per share on Wednesday, December 24th. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, December 17th. This is a 54.1% increase from Inspire Fidelis Multi Factor ETF’s previous quarterly dividend of $0.06.

Inspire Fidelis Multi Factor ETF Stock Performance

NYSEARCA FDLS traded down $0.45 on Wednesday, reaching $36.18. The company had a trading volume of 12,550 shares, compared to its average volume of 16,040. The company’s fifty day moving average is $35.04 and its 200-day moving average is $33.57. The firm has a market capitalization of $112.88 million, a price-to-earnings ratio of 16.55 and a beta of 1.14. Inspire Fidelis Multi Factor ETF has a 1-year low of $24.36 and a 1-year high of $37.33.

Inspire Fidelis Multi Factor ETF Company Profile

The Inspire Fidelis Multi Factor ETF (FDLS) is an exchange-traded fund that is based on the WI Fidelis Multi-Cap, Multi-Factor index. The fund tracks an equal-weighted index that provides exposure to 100 US-listed stocks of various sectors and market capitalizations. Selection is based on high quality, value, and momentum characteristics that include a Christian values component, as defined by the issuer.