First Trust Strategic Income ETF (NASDAQ:FDIV) announced a monthly dividend on Tuesday, August 20th, Zacks reports. Stockholders of record on Thursday, August 22nd will be given a dividend of 0.16 per share on Friday, August 30th. This represents a $1.92 annualized dividend and a dividend yield of 3.82%. The ex-dividend date of this dividend is Wednesday, August 21st.
First Trust Strategic Income ETF has raised its dividend payment by an average of 7.3% per year over the last three years.
Shares of First Trust Strategic Income ETF stock opened at $50.26 on Thursday. The firm has a 50 day simple moving average of $50.57 and a 200 day simple moving average of $49.93. First Trust Strategic Income ETF has a fifty-two week low of $45.24 and a fifty-two week high of $51.84.
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