First Trust Dorsey Wright DALI Equity ETF Plans Quarterly Dividend of $0.15 (NASDAQ:DALI)

First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI) announced a quarterly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be paid a dividend of 0.1465 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Thursday, September 24th.

First Trust Dorsey Wright DALI Equity ETF Stock Down 1.9%

Shares of First Trust Dorsey Wright DALI Equity ETF stock opened at $28.86 on Thursday. The company’s 50-day simple moving average is $28.97 and its 200-day simple moving average is $29.34. First Trust Dorsey Wright DALI Equity ETF has a 52-week low of $26.65 and a 52-week high of $31.46. The firm has a market cap of $99.55 million, a price-to-earnings ratio of 20.39 and a beta of 0.74.

First Trust Dorsey Wright DALI Equity ETF Company Profile

The First Trust Dorsey Wright DALI 1 ETF (DALI) is an exchange-traded fund that is based on the Nasdaq Dorsey Wright DALI1 index. The fund tracks an index that uses momentum indicators to rotate between asset classes. The fund holds a single asset class at a time and uses other First Trust ETFs for exposure. DALI was launched on May 14, 2018 and is managed by First Trust.