First Trust SMID Capital Strength ETF (NASDAQ:FSCS) Raises Dividend to $0.12 Per Share

First Trust SMID Capital Strength ETF (NASDAQ:FSCS) declared a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Shareholders of record on Thursday, June 25th will be given a dividend of 0.1219 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Thursday, June 25th. This is a 30.2% increase from First Trust SMID Capital Strength ETF’s previous quarterly dividend of $0.09.

First Trust SMID Capital Strength ETF Stock Performance

Shares of NASDAQ FSCS traded up $0.05 during midday trading on Thursday, reaching $36.61. The stock had a trading volume of 8,004 shares, compared to its average volume of 5,919. The stock has a 50-day moving average of $35.88 and a 200-day moving average of $36.22. The company has a market capitalization of $58.58 million, a price-to-earnings ratio of 16.57 and a beta of 0.89. First Trust SMID Capital Strength ETF has a 12-month low of $34.30 and a 12-month high of $37.78.

About First Trust SMID Capital Strength ETF

The First Trust SMID Capital Strength ETF (FSCS) is an exchange-traded fund that is based on the The SMID Capital Strength index. The fund tracks an equal-weighted index of 100 well-capitalized small- and mid-cap US companies perceived to hold strong market positions. FSCS was launched on Jun 20, 2017 and is issued by First Trust.