First Trust SMID Capital Strength ETF (NASDAQ:FSCS) Declares Dividend Increase – $0.12 Per Share

First Trust SMID Capital Strength ETF (NASDAQ:FSCS) declared a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Investors of record on Thursday, June 25th will be given a dividend of 0.1219 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 30.2% increase from First Trust SMID Capital Strength ETF’s previous quarterly dividend of $0.09.

First Trust SMID Capital Strength ETF Stock Performance

NASDAQ:FSCS traded up $0.05 during mid-day trading on Thursday, reaching $36.61. 8,004 shares of the company’s stock were exchanged, compared to its average volume of 5,919. First Trust SMID Capital Strength ETF has a one year low of $34.30 and a one year high of $37.78. The business’s fifty day simple moving average is $35.88 and its two-hundred day simple moving average is $36.22. The firm has a market capitalization of $58.58 million, a PE ratio of 16.57 and a beta of 0.89.

About First Trust SMID Capital Strength ETF

The First Trust SMID Capital Strength ETF (FSCS) is an exchange-traded fund that is based on the The SMID Capital Strength index. The fund tracks an equal-weighted index of 100 well-capitalized small- and mid-cap US companies perceived to hold strong market positions. FSCS was launched on Jun 20, 2017 and is issued by First Trust.