First Trust Nasdaq Oil & Gas ETF (FTXN) to Issue Quarterly Dividend of $0.17 on March 31st

First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) declared a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be paid a dividend of 0.1747 per share on Monday, March 31st. This represents a $0.70 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date is Thursday, March 27th.

First Trust Nasdaq Oil & Gas ETF Stock Down 1.7 %

First Trust Nasdaq Oil & Gas ETF stock opened at $30.12 on Friday. The firm has a market capitalization of $164.15 million, a P/E ratio of 12.12 and a beta of 1.44. The firm has a fifty day moving average of $29.76 and a 200-day moving average of $29.84. First Trust Nasdaq Oil & Gas ETF has a 52-week low of $27.24 and a 52-week high of $33.72.

About First Trust Nasdaq Oil & Gas ETF

The First Trust Nasdaq Oil & Gas ETF (FTXN) is an exchange-traded fund that is based on the NASDAQ US Smart Oil & Gas index. The fund tracks an index composed of 50 US oil and gas companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXN was launched on Sep 20, 2016 and is managed by First Trust.