First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) to Issue Quarterly Dividend of $0.05

First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) announced a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 26th will be given a dividend of 0.0496 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust RiverFront Dynamic Emerging Markets ETF Stock Performance

Shares of First Trust RiverFront Dynamic Emerging Markets ETF stock traded down $2.07 during trading on Thursday, hitting $80.67. 2,254 shares of the company’s stock were exchanged, compared to its average volume of 7,022. The stock has a market capitalization of $56.47 million, a price-to-earnings ratio of 12.49 and a beta of 0.70. The business has a 50-day simple moving average of $85.19 and a 200-day simple moving average of $80.50. First Trust RiverFront Dynamic Emerging Markets ETF has a 52-week low of $57.44 and a 52-week high of $89.93.

About First Trust RiverFront Dynamic Emerging Markets ETF

The First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) is an exchange-traded fund that is based on the Benchmark for RFEM Fund index. The fund is actively-managed to select in emerging market stocks using multiple factors. The manager has discretion to hedge currency exposure up to 100% of the portfolio. RFEM was launched on Jun 14, 2016 and is managed by First Trust.