First Trust SMID Cap Rising Dividend Achievers ETF to Issue Quarterly Dividend of $0.10 (NASDAQ:SDVY)

First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) declared a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 26th will be given a dividend of 0.0976 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust SMID Cap Rising Dividend Achievers ETF Stock Down 1.6%

Shares of First Trust SMID Cap Rising Dividend Achievers ETF stock traded down $0.65 during trading on Thursday, reaching $39.27. 2,538,450 shares of the company were exchanged, compared to its average volume of 1,711,104. The business has a 50-day moving average price of $40.94 and a 200-day moving average price of $39.15. The firm has a market capitalization of $9.84 billion, a price-to-earnings ratio of 14.54 and a beta of 1.12. First Trust SMID Cap Rising Dividend Achievers ETF has a twelve month low of $28.84 and a twelve month high of $42.89.

First Trust SMID Cap Rising Dividend Achievers ETF Company Profile

The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an equal-weighted index of small- and mid-cap US companies with historically increasing dividends and that meet various fundamental criteria. SDVY was launched on Nov 1, 2017 and is managed by First Trust.