First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) Plans Dividend Increase – $0.35 Per Share

First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) announced a quarterly dividend on Wednesday, June 24th. Shareholders of record on Thursday, June 25th will be given a dividend of 0.3497 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 2.3% increase from First Trust NASDAQ ABA Community Bank Index Fund’s previous quarterly dividend of $0.34.

First Trust NASDAQ ABA Community Bank Index Fund Trading Up 1.1%

First Trust NASDAQ ABA Community Bank Index Fund stock opened at $66.56 on Thursday. First Trust NASDAQ ABA Community Bank Index Fund has a twelve month low of $51.90 and a twelve month high of $66.74. The stock has a 50 day moving average of $62.54 and a two-hundred day moving average of $60.43. The stock has a market capitalization of $83.20 million, a price-to-earnings ratio of 13.59 and a beta of 0.76.

First Trust NASDAQ ABA Community Bank Index Fund Company Profile

The First Trust NASDAQ ABA Community Bank Index Fund (QABA) is an exchange-traded fund that is based on the NASDAQ OMX ABA Community Bank index. The fund tracks an index of NASDAQ-listed banks and thrifts, excluding the 50 largest. QABA was launched on Jun 29, 2009 and is managed by First Trust.