First Trust Dorsey Wright Momentum & Low Volatility ETF Plans Quarterly Dividend of $0.07 (NASDAQ:DVOL)

First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) announced a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be given a dividend of 0.0656 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, September 24th.

First Trust Dorsey Wright Momentum & Low Volatility ETF Stock Down 0.4%

NASDAQ:DVOL opened at $35.36 on Thursday. First Trust Dorsey Wright Momentum & Low Volatility ETF has a 52-week low of $33.60 and a 52-week high of $38.30. The stock’s 50 day moving average price is $37.07 and its 200 day moving average price is $36.41. The company has a market capitalization of $70.72 million, a PE ratio of 24.91 and a beta of 0.73.

First Trust Dorsey Wright Momentum & Low Volatility ETF Company Profile

The First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Low Vol index. The fund tracks an index of 50 large- and mid-cap, low-volatility stocks exhibiting relative strength. Holdings are weighted by the inverse of their volatility. DVOL was launched on Sep 5, 2018 and is managed by First Trust.