First Trust Capital Strength ETF (NASDAQ:FTCS) Increases Dividend to $0.29 Per Share

First Trust Capital Strength ETF (NASDAQ:FTCS) announced a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Investors of record on Thursday, March 26th will be paid a dividend of 0.2873 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, March 26th. This is a 10.2% increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26.

First Trust Capital Strength ETF Stock Performance

First Trust Capital Strength ETF stock traded down $0.62 during trading hours on Thursday, hitting $92.53. The company had a trading volume of 796,040 shares, compared to its average volume of 506,085. The firm has a market cap of $7.92 billion, a P/E ratio of 21.51 and a beta of 0.80. The company has a 50-day moving average price of $96.56 and a two-hundred day moving average price of $94.05. First Trust Capital Strength ETF has a 1 year low of $80.65 and a 1 year high of $99.74.

About First Trust Capital Strength ETF

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.