First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) Declares Dividend Increase – $0.06 Per Share

First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) declared a quarterly dividend on Thursday, December 11th. Investors of record on Friday, December 12th will be paid a dividend of 0.0622 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, December 12th. This is a 214.1% increase from First Trust Active Factor Small Cap ETF’s previous quarterly dividend of $0.02.

First Trust Active Factor Small Cap ETF Stock Performance

AFSM opened at $33.98 on Friday. The stock has a market capitalization of $47.57 million, a price-to-earnings ratio of 13.11 and a beta of 1.04. The company has a fifty day moving average of $32.31 and a 200 day moving average of $31.37. First Trust Active Factor Small Cap ETF has a fifty-two week low of $24.42 and a fifty-two week high of $34.02.

About First Trust Active Factor Small Cap ETF

The First Trust Active Factor Small Cap ETF (AFSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed portfolio of US small-cap companies that exhibit exposure to one or more investing factors. AFSM was launched on Dec 3, 2019 and is managed by First Trust.