First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT) Shareholders to Get $0.04 Monthly Dividend

First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT) announced a monthly dividend on Tuesday, October 20th. Shareholders of record on Wednesday, October 21st will be given a dividend of $0.0450 per share on Friday, October 30th. This represents a $0.54 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Wednesday, October 21st.

First Trust SSI Strategic Convertible Securities ETF Stock Up 0.5%

NASDAQ FCVT traded up $0.24 during trading on Wednesday, reaching $45.90. 231 shares of the company’s stock were exchanged, compared to its average volume of 28,875. The company has a 50 day moving average price of $49.17 and a two-hundred day moving average price of $50.19. First Trust SSI Strategic Convertible Securities ETF has a 1 year low of $41.00 and a 1 year high of $54.90.

First Trust SSI Strategic Convertible Securities ETF Company Profile

The First Trust SSI Strategic Convertible Securities ETF (FCVT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of convertible securities from within and outside the US. FCVT was launched on Nov 4, 2015 and is managed by First Trust.