First Trust California Municipal High Income ETF (NASDAQ:FCAL) Raises Dividend to $0.14 Per Share

First Trust California Municipal High Income ETF (NASDAQ:FCAL) declared a monthly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be paid a dividend of 0.145 per share by the financial services provider on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 0.7% increase from First Trust California Municipal High Income ETF’s previous monthly dividend of $0.14.

First Trust California Municipal High Income ETF Stock Down 1.0%

Shares of NASDAQ:FCAL opened at $46.84 on Thursday. The company has a market capitalization of $213.10 million, a price-to-earnings ratio of 123.25 and a beta of 0.25. First Trust California Municipal High Income ETF has a 52 week low of $46.82 and a 52 week high of $50.13. The firm has a 50 day moving average of $48.36 and a 200 day moving average of $49.01.

About First Trust California Municipal High Income ETF

First California Financial Group, Inc is a bank holding company for its wholly owned subsidiary First California Bank (the Bank). The Bank is a full-service commercial bank. The Bank’s operations are primarily located within the areas commonly known as the 101 corridor stretching from the City of Ventura to Calabasas, California, the Moorpark-Simi Valley corridor, the western San Fernando Valley, the Tri-Cities area of Glendale-Burbank-Pasadena, the South Bay, the Inland Empire, north San Diego County, Century City and other parts of Los Angeles, Orange San Luis Obispo and Ventura Counties in Southern California.