First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) Plans Quarterly Dividend of $0.76

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) announced a quarterly dividend on Wednesday, June 24th. Stockholders of record on Thursday, June 25th will be paid a dividend of 0.7555 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 652.5% increase from First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund’s previous quarterly dividend of $0.10.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Stock Down 0.3%

Shares of NASDAQ GRID opened at $188.15 on Thursday. The firm’s 50-day moving average price is $190.41 and its 200-day moving average price is $173.29. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund has a 52-week low of $135.47 and a 52-week high of $199.99. The company has a market cap of $9.87 billion, a PE ratio of 23.47 and a beta of 1.26.

About First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (the Fund) seeks investment results, which correspond to the price and yield (before the Fund’s fees and expenses) of an equity index called the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (the Index). The Fund focuses to invest at least 90% of its net assets in common stocks, which comprises the Index or in depositary receipts, which may include American depositary receipts (ADRs), global depositary receipts (GDRs), European depositary receipts (EDRs) or other depositary receipts (collectively Depositary Receipts) representing securities in the Index.