The Intelligent Real Estate ETF (NASDAQ:REAI) to Issue Dividend of $0.21

The Intelligent Real Estate ETF (NASDAQ:REAI) declared a dividend on Wednesday, April 24th, NASDAQ reports. Investors of record on Friday, April 26th will be paid a dividend of 0.2077 per share on Tuesday, April 30th. The ex-dividend date of this dividend is Thursday, April 25th.

Intelligent Real Estate ETF Stock Performance

Shares of NASDAQ REAI traded down $0.36 during mid-day trading on Thursday, reaching $18.73. 6 shares of the company traded hands, compared to its average volume of 645. The firm has a market capitalization of $3.28 million, a price-to-earnings ratio of 30.26 and a beta of 1.00. Intelligent Real Estate ETF has a fifty-two week low of $16.74 and a fifty-two week high of $21.06. The company has a fifty day moving average of $19.38.

About Intelligent Real Estate ETF

The Tidal ETF Trust Intelligent Real Estate ETF (REAI) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed fund that invests primarily in US-listed commercial REITs that provide qualitative characteristics of a portfolio of public, non-traded REITs. The fund also invests, to a lesser extent, in mortgage-backed securities.