WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) to Issue $0.02 Quarterly Dividend

Key Points

• Dividend: WisdomTree China ex-State-Owned Enterprises Fund (CXSE) declared a quarterly dividend of $0.02 per share, with record date and ex-dividend date on March 26 and payment on March 30, implying a roughly 0.2% yield.
• Shares traded down $1.14 to $37.02 on light volume (9,293 shares vs. an average of 157,822), with a market cap of $421.3M, a P/E of 15.8 and a beta of 0.33.
• Fund profile: CXSE is an ETF that tracks a market-cap-weighted index of Chinese companies with government ownership under 20%, launched in September 2012 and managed by WisdomTree.

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE - Get Free Report) declared a quarterly dividend on Wednesday, March 25th. Stockholders of record on Thursday, March 26th will be given a dividend of 0.02 per share on Monday, March 30th. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, March 26th.

WisdomTree China ex-State-Owned Enterprises Fund Stock Performance

CXSE stock traded down $1.14 during mid-day trading on Thursday, hitting $37.02. 9,293 shares of the company were exchanged, compared to its average volume of 157,822. The firm has a market cap of $421.29 million, a P/E ratio of 15.81 and a beta of 0.33. WisdomTree China ex-State-Owned Enterprises Fund has a 1-year low of $27.81 and a 1-year high of $45.65. The firm's 50 day simple moving average is $40.11 and its 200 day simple moving average is $41.35.

About WisdomTree China ex-State-Owned Enterprises Fund

The WisdomTree China ex-State-Owned Enterprises Fund (CXSE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of Chinese companies that are not state-owned, defined as government ownership of less than 20%. CXSE was launched on Sep 19, 2012 and is managed by WisdomTree.

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