First Trust NASDAQ 100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Plans Dividend Increase – $0.20 Per Share

First Trust NASDAQ 100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be given a dividend of 0.1955 per share on Monday, March 31st. This represents a $0.78 annualized dividend and a dividend yield of 0.82%. The ex-dividend date is Thursday, March 27th. This is a 20.8% increase from First Trust NASDAQ 100 Ex-Technology Sector Index Fund’s previous quarterly dividend of $0.16.

First Trust NASDAQ 100 Ex-Technology Sector Index Fund Stock Performance

First Trust NASDAQ 100 Ex-Technology Sector Index Fund stock traded down $0.10 during midday trading on Thursday, hitting $95.25. 909 shares of the company’s stock were exchanged, compared to its average volume of 4,409. The company has a market cap of $114.30 million, a PE ratio of 25.24 and a beta of 0.98. The firm has a 50-day moving average of $96.46 and a two-hundred day moving average of $95.19. First Trust NASDAQ 100 Ex-Technology Sector Index Fund has a 12 month low of $85.19 and a 12 month high of $99.33.

About First Trust NASDAQ 100 Ex-Technology Sector Index Fund

The First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) is an exchange-traded fund that is based on the NASDAQ-100 Ex-Tech Sector index. The fund tracks an equal-weighted index of NASDAQ 100 stocks that excludes technology companies. QQXT was launched on Feb 8, 2007 and is managed by First Trust.