First Trust Nasdaq Bank ETF (NASDAQ:FTXO) Declares $0.17 Quarterly Dividend

First Trust Nasdaq Bank ETF (NASDAQ:FTXO) announced a quarterly dividend on Wednesday, September 24th. Stockholders of record on Thursday, September 25th will be paid a dividend of 0.1688 per share on Tuesday, September 30th. This represents a c) annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Thursday, September 25th.

First Trust Nasdaq Bank ETF Trading Down 0.4%

Shares of FTXO stock opened at $35.84 on Friday. First Trust Nasdaq Bank ETF has a 12-month low of $25.05 and a 12-month high of $36.63. The stock’s 50-day moving average price is $34.89 and its 200-day moving average price is $32.10. The stock has a market capitalization of $245.50 million, a price-to-earnings ratio of 11.56 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.