First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) To Go Ex-Dividend on September 24th

First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV) announced a quarterly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be given a dividend of $0.1757 per share on Wednesday, September 30th. This represents a $0.70 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 4.7% decrease from First Trust Dorsey Wright Momentum & Dividend ETF’s previous quarterly dividend of $0.1843.

First Trust Dorsey Wright Momentum & Dividend ETF Trading Down 0.7%

NASDAQ DDIV opened at $44.28 on Friday. The company has a market cap of $73.06 million, a PE ratio of 17.21 and a beta of 0.90. The stock has a 50 day moving average of $46.53 and a 200-day moving average of $44.69. First Trust Dorsey Wright Momentum & Dividend ETF has a 12 month low of $38.69 and a 12 month high of $47.84.

About First Trust Dorsey Wright Momentum & Dividend ETF

The First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of 50 large- and mid-cap, high-yield stocks exhibiting relative strength. Holdings are weighted by dividend yield. DDIV was launched on Mar 10, 2014 and is managed by First Trust.