First Trust Nasdaq Bank ETF (FTXO) to Issue Quarterly Dividend of $0.12 on March 31st

First Trust Nasdaq Bank ETF (NASDAQ:FTXO) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be given a dividend of 0.1207 per share on Monday, March 31st. This represents a $0.48 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Thursday, March 27th.

First Trust Nasdaq Bank ETF Price Performance

FTXO opened at $30.69 on Friday. The firm has a 50 day simple moving average of $32.56 and a 200 day simple moving average of $31.92. First Trust Nasdaq Bank ETF has a fifty-two week low of $24.72 and a fifty-two week high of $35.58. The company has a market cap of $210.23 million, a price-to-earnings ratio of 12.83 and a beta of 1.11.

About First Trust Nasdaq Bank ETF

The First Trust Nasdaq Bank ETF (FTXO) is an exchange-traded fund that is based on the NASDAQ US Banks index. The fund tracks an index composed of the most liquid US banking companies. Holdings are selected by their liquidity, and weighted based on volatility, value, and growth factors. FTXO was launched on Sep 20, 2016 and is managed by First Trust.