Democracy International Fund (NYSEARCA:DMCY) to Issue Dividend Increase – $0.10 Per Share

Democracy International Fund (NYSEARCA:DMCY) announced a dividend on Thursday, March 27th, NASDAQ Dividends reports. Stockholders of record on Friday, March 28th will be given a dividend of 0.0953 per share on Monday, March 31st. The ex-dividend date is Friday, March 28th. This is a 38.7% increase from Democracy International Fund’s previous dividend of $0.07.

Democracy International Fund Price Performance

Shares of DMCY traded down $0.30 on Friday, reaching $26.14. The company’s stock had a trading volume of 14 shares, compared to its average volume of 1,146. The stock’s 50 day simple moving average is $26.17 and its two-hundred day simple moving average is $26.03. The stock has a market capitalization of $9.15 million, a P/E ratio of 16.71 and a beta of 0.83. Democracy International Fund has a 12-month low of $24.32 and a 12-month high of $27.64.

Democracy International Fund Company Profile

The Democracy International Fund (DMCY) is an exchange-traded fund that is based on the Democracy Investments International index. The fund tracks an index of global, large- and mid-cap companies outside the US. The index aims to overweight investments in democratic countries while underweighting those in authoritarian countries.