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VanEck Uranium+Nuclear Energy ETF Announces $0.6142 Annual Distribution

The VanEck Uranium+Nuclear Energy ETF (NYSEARCA:NLR) has declared an annual distribution of $0.6142 per share. This distribution is payable on December 24, 2024, to shareholders of record as of December 23, 2024, with the ex-dividend date also set for December 23, 2024.In related news, uranium prices have increased following Russia’s temporary limitation of supplies to the U.S. Additionally, the Biden administration has announced plans to triple nuclear energy capacity by 2050. These developments could impact the future performance of the ETF.

Source: https://seekingalpha.com/news/4390807-vaneck-uraniumnuclear-energy-etf-declares-annual-distribution-of-06140

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