First Trust Growth Strength ETF (NASDAQ:FTGS) Announces Dividend Increase – $0.02 Per Share

First Trust Growth Strength ETF (NASDAQ:FTGS) declared a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be paid a dividend of 0.0248 per share on Monday, March 31st. This represents a $0.10 annualized dividend and a dividend yield of 0.33%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 18.1% increase from First Trust Growth Strength ETF’s previous quarterly dividend of $0.02.

First Trust Growth Strength ETF Price Performance

First Trust Growth Strength ETF stock traded down $0.17 during midday trading on Thursday, hitting $30.16. 109,596 shares of the stock were exchanged, compared to its average volume of 226,603. First Trust Growth Strength ETF has a 1 year low of $28.31 and a 1 year high of $33.38. The firm has a market cap of $939.48 million, a P/E ratio of 20.83 and a beta of 1.11. The company has a 50 day moving average price of $31.48 and a two-hundred day moving average price of $31.71.

First Trust Growth Strength ETF Company Profile

The First Trust Growth Strength ETF (FTGS) is an exchange-traded fund that is based on the The Growth Strength index. The fund tracks an equal-weighted index of 50 well-capitalized, large-cap companies with strong market positions in the US. The fund uses various fundamental metrics to select growth equities.