First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) to Issue Quarterly Dividend of $0.02

First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) declared a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Stockholders of record on Thursday, September 26th will be given a dividend of 0.023 per share on Monday, September 30th. This represents a $0.09 annualized dividend and a dividend yield of 0.28%. The ex-dividend date of this dividend is Thursday, September 26th.

First Trust Dorsey Wright Momentum & Low Volatility ETF Trading Up 0.0 %

Shares of First Trust Dorsey Wright Momentum & Low Volatility ETF stock opened at $33.05 on Friday. First Trust Dorsey Wright Momentum & Low Volatility ETF has a 12-month low of $24.42 and a 12-month high of $33.23. The firm’s 50 day simple moving average is $31.87 and its two-hundred day simple moving average is $30.74. The firm has a market capitalization of $49.58 million, a price-to-earnings ratio of 22.91 and a beta of 0.80.

About First Trust Dorsey Wright Momentum & Low Volatility ETF

The First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Low Vol index. The fund tracks an index of 50 large- and mid-cap, low-volatility stocks exhibiting relative strength. Holdings are weighted by the inverse of their volatility.