First Trust Dividend Strength ETF (NASDAQ:FTDS) to Issue Quarterly Dividend of $0.22

First Trust Dividend Strength ETF (NASDAQ:FTDS) declared a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be paid a dividend of 0.219 per share on Monday, March 31st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date is Thursday, March 27th.

First Trust Dividend Strength ETF Trading Down 0.4 %

Shares of NASDAQ:FTDS traded down $0.22 during midday trading on Thursday, reaching $51.17. The company had a trading volume of 431 shares, compared to its average volume of 1,624. The stock has a market cap of $25.58 million, a P/E ratio of 13.88 and a beta of 1.12. The company’s 50 day moving average price is $51.70 and its 200 day moving average price is $52.11. First Trust Dividend Strength ETF has a 52-week low of $47.57 and a 52-week high of $55.33.

About First Trust Dividend Strength ETF

The First Trust Dividend Strength ETF (FTDS) is an exchange-traded fund that is based on the The Dividend Strength index. The fund tracks an index of approximately 50 US stocks or REITs considered to be well-capitalized and have a history of increasing their dividends. Holdings are selected based on fundamental criteria and equally-weighted within the portfolio.