First Trust RiverFront Dynamic Emerging Markets ETF to Issue Dividend of $0.73 (NASDAQ:RFEM)

First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) announced a dividend on Wednesday, June 26th, NASDAQ reports. Investors of record on Thursday, June 27th will be given a dividend of 0.7304 per share on Friday, June 28th. The ex-dividend date of this dividend is Thursday, June 27th.

First Trust RiverFront Dynamic Emerging Markets ETF Price Performance

RFEM traded up $0.33 during trading on Thursday, reaching $65.17. 2,326 shares of the company’s stock were exchanged, compared to its average volume of 1,592. The company’s fifty day simple moving average is $64.30 and its 200-day simple moving average is $61.28. The stock has a market capitalization of $32.59 million, a P/E ratio of 7.49 and a beta of 0.83. First Trust RiverFront Dynamic Emerging Markets ETF has a 1 year low of $51.67 and a 1 year high of $66.59.

About First Trust RiverFront Dynamic Emerging Markets ETF

The First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) is an exchange-traded fund that is based on the Benchmark for RFEM Fund index. The fund is actively-managed to select in emerging market stocks using multiple factors. The manager has discretion to hedge currency exposure up to 100% of the portfolio.