First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT) Increases Dividend to $0.09 Per Share

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First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT) declared a monthly dividend on Friday, December 13th, Wall Street Journal reports. Shareholders of record on Monday, December 16th will be given a dividend of 0.0901 per share on Tuesday, December 31st. This represents a $1.08 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date is Friday, December 13th. This is an increase from First Trust SSI Strategic Convertible Securities ETF’s previous monthly dividend of $0.04.

First Trust SSI Strategic Convertible Securities ETF stock traded down $0.11 during mid-day trading on Friday, reaching $32.65. 22,843 shares of the company were exchanged, compared to its average volume of 43,581. The company has a fifty day simple moving average of $32.07 and a 200-day simple moving average of $31.50. First Trust SSI Strategic Convertible Securities ETF has a 12 month low of $25.43 and a 12 month high of $32.86.

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Dividend History for First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT)

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