First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) Announces Dividend Increase – $0.16 Per Share

First Trust SMID Cap Rising Dividend Archievers ETF (NASDAQ:SDVY) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be given a dividend of 0.1576 per share on Monday, March 31st. This represents a $0.63 annualized dividend and a yield of 1.85%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 14.0% increase from First Trust SMID Cap Rising Dividend Archievers ETF’s previous quarterly dividend of $0.14.

First Trust SMID Cap Rising Dividend Archievers ETF Stock Performance

SDVY opened at $34.00 on Friday. The company has a market capitalization of $7.58 billion, a P/E ratio of 13.44 and a beta of 1.18. The company has a 50-day moving average of $35.70 and a 200-day moving average of $36.52. First Trust SMID Cap Rising Dividend Archievers ETF has a 1-year low of $32.22 and a 1-year high of $40.60.

About First Trust SMID Cap Rising Dividend Archievers ETF

The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an equal-weighted index of small- and mid-cap US companies with historically increasing dividends and that meet various fundamental criteria. SDVY was launched on Nov 1, 2017 and is managed by First Trust.