SP Funds S&P Global Technology ETF (NYSEARCA:SPTE) Increases Dividend to $0.26 Per Share

SP Funds S&P Global Technology ETF (NYSEARCA:SPTE) announced a monthly dividend on Wednesday, December 24th. Shareholders of record on Friday, December 26th will be given a dividend of 0.2649 per share on Monday, December 29th. This represents a c) annualized dividend and a yield of 9.0%. The ex-dividend date is Friday, December 26th. This is a 3,974.8% increase from SP Funds S&P Global Technology ETF’s previous monthly dividend of $0.0065.

SP Funds S&P Global Technology ETF Price Performance

Shares of SPTE stock opened at $35.40 on Friday. The firm’s 50-day simple moving average is $35.32 and its 200-day simple moving average is $33.29. SP Funds S&P Global Technology ETF has a 1-year low of $21.32 and a 1-year high of $37.50. The firm has a market cap of $80.71 million, a P/E ratio of 34.36 and a beta of 1.29.

SP Funds S&P Global Technology ETF Company Profile

The SP Funds S&P Global Technology ETF (SPTE) is an exchange-traded fund that mostly invests in information technology equity. The fund is a passively managed fund, investing in global technology firms adhering to Shariah investment principles. Stocks selected for the portfolio are weighted based on market-cap SPTE was launched on Nov 30, 2023 and is issued by SP Funds.