First Trust Nasdaq Bank ETF (NASDAQ:FTXO) Announces $0.18 Quarterly Dividend

First Trust Nasdaq Bank ETF (NASDAQ:FTXO) declared a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Thursday, September 26th will be given a dividend of 0.1796 per share on Monday, September 30th. This represents a $0.72 annualized dividend and a yield of 2.49%. The ex-dividend date of this dividend is Thursday, September 26th.

First Trust Nasdaq Bank ETF Stock Up 1.5 %

FTXO stock opened at $28.81 on Friday. The firm has a market cap of $109.48 million, a price-to-earnings ratio of 10.77 and a beta of 1.11. The company’s fifty day simple moving average is $28.65 and its 200 day simple moving average is $27.23. First Trust Nasdaq Bank ETF has a 12-month low of $18.94 and a 12-month high of $30.06.

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.