First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) to Issue $0.12 Quarterly Dividend

First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) announced a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Shareholders of record on Thursday, June 25th will be paid a dividend of 0.1168 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Thursday, June 25th.

First Trust Nasdaq Oil & Gas ETF Trading Up 0.7%

Shares of NASDAQ FTXN traded up $0.23 during mid-day trading on Thursday, reaching $33.95. 1,961,877 shares of the company’s stock were exchanged, compared to its average volume of 417,765. The firm has a market capitalization of $140.89 million, a price-to-earnings ratio of 11.81 and a beta of 0.46. The business has a fifty day simple moving average of $35.97 and a 200 day simple moving average of $33.72. First Trust Nasdaq Oil & Gas ETF has a twelve month low of $26.46 and a twelve month high of $40.13.

About First Trust Nasdaq Oil & Gas ETF

The First Trust Nasdaq Oil & Gas ETF (FTXN) is an exchange-traded fund that is based on the NASDAQ US Smart Oil & Gas index. The fund tracks an index composed of 50 US oil and gas companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXN was launched on Sep 20, 2016 and is managed by First Trust.