First Trust NASDAQ 100 Equal Weighted Index Fund (NASDAQ:QQEW) Announces Quarterly Dividend of $0.13

Posted by Donna Armstrong on Sep 27th, 2024

First Trust NASDAQ 100 Equal Weighted Index Fund (NASDAQ:QQEW – Get Free Report) announced a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Stockholders of record on Thursday, September 26th will be given a dividend of 0.1298 per share on Monday, September 30th. This represents a $0.52 annualized dividend and a dividend yield of 0.41%. The ex-dividend date is Thursday, September 26th.

First Trust NASDAQ 100 Equal Weighted Index Fund Trading Up 1.2 %

NASDAQ QQEW opened at $125.74 on Friday. First Trust NASDAQ 100 Equal Weighted Index Fund has a 1-year low of $97.55 and a 1-year high of $127.83. The company has a 50 day moving average of $121.66 and a 200-day moving average of $121.88. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 30.27 and a beta of 1.05.

First Trust NASDAQ 100 Equal Weighted Index Fund Company Profile

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The First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) is an exchange-traded fund that is based on the NASDAQ-100 Equally Weighted index. The fund tracks an equal-weighted version of the NASDAQ 100. QQEW was launched on Apr 19, 2006 and is managed by First Trust.