Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) Announces Dividend Increase – $0.15 Per Share

Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) announced a monthly dividend on Monday, December 29th. Stockholders of record on Tuesday, December 30th will be given a dividend of 0.1526 per share on Wednesday, January 7th. This represents a c) annualized dividend and a dividend yield of 9.4%. The ex-dividend date of this dividend is Tuesday, December 30th. This is a 111.9% increase from Global X MSCI SuperDividend EAFE ETF’s previous monthly dividend of $0.07.

Global X MSCI SuperDividend EAFE ETF Price Performance

Shares of EFAS traded down $0.05 during mid-day trading on Tuesday, reaching $19.53. 8,412 shares of the company’s stock were exchanged, compared to its average volume of 17,461. The business’s fifty day simple moving average is $18.85 and its 200-day simple moving average is $18.66. The stock has a market capitalization of $35.73 million, a PE ratio of 11.91 and a beta of 0.76. Global X MSCI SuperDividend EAFE ETF has a 52-week low of $13.32 and a 52-week high of $19.66.

About Global X MSCI SuperDividend EAFE ETF

The Global X MSCI SuperDividend EAFE ETF (EFAS) is an exchange-traded fund that is based on the MSCI EAFE Top 50 Dividend index. The fund tracks an index of stocks from developed countries outside North America. After screening for dividend growth and sustainability, the 50 highest yielding stocks are selected and given equal weight. EFAS was launched on Nov 14, 2016 and is managed by Global X.