First Trust Indxx NextG ETF (NASDAQ:NXTG) Increases Dividend to $0.58 Per Share

First Trust Indxx NextG ETF (NASDAQ:NXTG) declared a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Investors of record on Thursday, June 25th will be given a dividend of 0.5768 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Thursday, June 25th. This is a 148.9% increase from First Trust Indxx NextG ETF’s previous quarterly dividend of $0.23.

First Trust Indxx NextG ETF Trading Down 0.2%

NXTG stock traded down $0.25 on Thursday, hitting $153.71. The company’s stock had a trading volume of 16,745 shares, compared to its average volume of 9,869. The firm has a 50 day moving average of $146.03 and a two-hundred day moving average of $124.74. First Trust Indxx NextG ETF has a 1 year low of $95.47 and a 1 year high of $167.58. The stock has a market cap of $568.73 million, a price-to-earnings ratio of 22.81 and a beta of 1.03.

About First Trust Indxx NextG ETF

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.