First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) to Issue $0.07 Quarterly Dividend

First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) declared a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be paid a dividend of 0.0656 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, September 24th.

First Trust Dorsey Wright Momentum & Low Volatility ETF Price Performance

NASDAQ:DVOL opened at $35.52 on Thursday. The firm has a 50-day moving average of $37.07 and a 200-day moving average of $36.41. The company has a market cap of $71.05 million, a PE ratio of 24.91 and a beta of 0.73. First Trust Dorsey Wright Momentum & Low Volatility ETF has a one year low of $33.60 and a one year high of $38.30.

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. DVOL was launched on Sep 5, 2018 and is managed by First Trust.