First Trust Dividend Strength ETF (NASDAQ:FTDS) to Issue $0.19 Quarterly Dividend

First Trust Dividend Strength ETF (NASDAQ:FTDS) announced a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 25th will be given a dividend of 0.1928 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, June 25th.

First Trust Dividend Strength ETF Price Performance

Shares of NASDAQ:FTDS traded up $0.40 during trading hours on Thursday, hitting $61.02. The company’s stock had a trading volume of 2,304 shares, compared to its average volume of 2,118. The firm’s fifty day moving average price is $60.37 and its 200 day moving average price is $59.99. First Trust Dividend Strength ETF has a 52 week low of $51.83 and a 52 week high of $63.54. The company has a market capitalization of $30.51 million, a price-to-earnings ratio of 14.53 and a beta of 0.83.

First Trust Dividend Strength ETF Company Profile

The First Trust Dividend Strength ETF (FTDS) is an exchange-traded fund that is based on the The Dividend Strength index. The fund tracks an index of approximately 50 US stocks or REITs considered to be well-capitalized and have a history of increasing their dividends. Holdings are selected based on fundamental criteria and equally-weighted within the portfolio. FTDS was launched on Dec 6, 2006 and is managed by First Trust.