First Trust India NIFTY 50 Equal Weight ETF Announces Dividend of $0.76 (NASDAQ:NFTY)

First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) declared a dividend on Thursday, December 12th,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be paid a dividend of 0.7608 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Friday, December 13th.

First Trust India NIFTY 50 Equal Weight ETF Stock Performance

NASDAQ NFTY traded up $0.66 during trading on Friday, hitting $58.84. 42,192 shares of the company’s stock traded hands, compared to its average volume of 29,388. The stock has a market capitalization of $276.55 million, a price-to-earnings ratio of 24.18 and a beta of 0.72. First Trust India NIFTY 50 Equal Weight ETF has a 12-month low of $51.92 and a 12-month high of $65.90. The business has a 50 day moving average of $60.16 and a 200-day moving average of $61.07.

First Trust India NIFTY 50 Equal Weight ETF Company Profile

The First Trust India NIFTY 50 Equal Weight ETF (NFTY) is an exchange-traded fund that is based on the NIFTY 50 Equal Weight index. The fund tracks an equally weighted index of the 50 largest and most liquid Indian equity securities. NFTY was launched on Feb 14, 2012 and is managed by First Trust.