First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT) Plans $0.04 Monthly Dividend

First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT) declared a monthly dividend on Thursday, August 20th. Stockholders of record on Friday, August 21st will be given a dividend of 0.045 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Friday, August 21st.

First Trust SSI Strategic Convertible Securities ETF Stock Performance

Shares of FCVT opened at $49.93 on Friday. The stock has a 50-day moving average of $51.29 and a 200-day moving average of $49.13. First Trust SSI Strategic Convertible Securities ETF has a one year low of $39.38 and a one year high of $54.90.

About First Trust SSI Strategic Convertible Securities ETF

The First Trust SSI Strategic Convertible Securities ETF (FCVT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of convertible securities from within and outside the US. FCVT was launched on Nov 4, 2015 and is managed by First Trust.