First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) to Issue $0.14 Quarterly Dividend

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be paid a dividend of 0.1394 per share on Monday, March 31st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date is Thursday, March 27th.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Stock Down 0.8 %

NASDAQ:GRID traded down $0.94 during mid-day trading on Thursday, hitting $115.88. 111,955 shares of the stock traded hands, compared to its average volume of 137,632. The business’s 50-day moving average price is $120.08 and its 200 day moving average price is $122.52. The company has a market cap of $2.07 billion, a PE ratio of 24.44 and a beta of 1.25. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund has a 12-month low of $107.51 and a 12-month high of $129.02.

About First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (the Fund) seeks investment results, which correspond to the price and yield (before the Fund’s fees and expenses) of an equity index called the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (the Index). The Fund focuses to invest at least 90% of its net assets in common stocks, which comprises the Index or in depositary receipts, which may include American depositary receipts (ADRs), global depositary receipts (GDRs), European depositary receipts (EDRs) or other depositary receipts (collectively Depositary Receipts) representing securities in the Index.