First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Plans Dividend Increase – $0.20 Per Share

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) declared a monthly dividend on Monday, April 22nd, NASDAQ reports. Shareholders of record on Wednesday, April 24th will be paid a dividend of 0.204 per share on Tuesday, April 30th. This represents a $2.45 annualized dividend and a yield of 12.36%. The ex-dividend date of this dividend is Tuesday, April 23rd. This is an increase from First Trust NASDAQ BuyWrite Income ETF’s previous monthly dividend of $0.20.

First Trust NASDAQ BuyWrite Income ETF Price Performance

Shares of FTQI traded up $0.22 during trading hours on Tuesday, hitting $19.80. 205,965 shares of the stock were exchanged, compared to its average volume of 127,909. First Trust NASDAQ BuyWrite Income ETF has a fifty-two week low of $18.15 and a fifty-two week high of $20.85. The business has a 50-day moving average of $20.36 and a 200-day moving average of $19.86. The firm has a market capitalization of $272.25 million, a P/E ratio of 28.18 and a beta of 0.62.

First Trust NASDAQ BuyWrite Income ETF Company Profile

The First Trust Nasdaq BuyWrite Income ETF (FTQI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US stocks, with an options overlay of short calls on the Nasdaq 100. FTQI was launched on Jan 6, 2014 and is managed by First Trust.