First Trust India NIFTY 50 Equal Weight ETF Declares Dividend of $0.76 (NASDAQ:NFTY)

First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) declared a dividend on Thursday, December 12th,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.7608 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Friday, December 13th.

First Trust India NIFTY 50 Equal Weight ETF Stock Performance

Shares of NFTY stock traded down $0.09 during mid-day trading on Friday, reaching $58.84. 42,192 shares of the company were exchanged, compared to its average volume of 29,388. The business’s 50 day simple moving average is $60.16 and its 200 day simple moving average is $61.07. The company has a market capitalization of $276.55 million, a P/E ratio of 24.18 and a beta of 0.72. First Trust India NIFTY 50 Equal Weight ETF has a fifty-two week low of $51.92 and a fifty-two week high of $65.90.

First Trust India NIFTY 50 Equal Weight ETF Company Profile

The First Trust India NIFTY 50 Equal Weight ETF (NFTY) is an exchange-traded fund that is based on the NIFTY 50 Equal Weight index. The fund tracks an equally weighted index of the 50 largest and most liquid Indian equity securities. NFTY was launched on Feb 14, 2012 and is managed by First Trust.