First Trust Indxx NextG ETF (NASDAQ:NXTG) Announces Dividend Increase – $0.63 Per Share

First Trust Indxx NextG ETF (NASDAQ:NXTG) announced a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be paid a dividend of 0.632 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 1.6%. The ex-dividend date is Thursday, September 24th. This is a 9.6% increase from First Trust Indxx NextG ETF’s previous quarterly dividend of $0.58.

First Trust Indxx NextG ETF Trading Down 1.0%

Shares of NASDAQ:NXTG traded down $1.61 during trading on Thursday, reaching $154.86. 661 shares of the stock were exchanged, compared to its average volume of 9,220. First Trust Indxx NextG ETF has a 12 month low of $101.01 and a 12 month high of $167.58. The firm has a market cap of $565.22 million, a PE ratio of 22.81 and a beta of 1.04. The stock has a 50-day moving average price of $151.16 and a 200-day moving average price of $142.30.

First Trust Indxx NextG ETF Company Profile

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.