First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) Announces $0.33 Quarterly Dividend

First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) declared a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Stockholders of record on Thursday, September 26th will be given a dividend of 0.3293 per share on Monday, September 30th. This represents a $1.32 annualized dividend and a dividend yield of 1.88%. The ex-dividend date of this dividend is Thursday, September 26th.

First Trust RiverFront Dynamic Emerging Markets ETF Price Performance

Shares of NASDAQ:RFEM traded up $2.13 during mid-day trading on Thursday, reaching $70.03. 2,895 shares of the company traded hands, compared to its average volume of 2,003. The company’s 50 day moving average price is $64.84 and its 200-day moving average price is $64.10. The firm has a market cap of $31.51 million, a PE ratio of 7.49 and a beta of 0.83. First Trust RiverFront Dynamic Emerging Markets ETF has a 52 week low of $51.67 and a 52 week high of $70.20.

First Trust RiverFront Dynamic Emerging Markets ETF Company Profile

The First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) is an exchange-traded fund that is based on the Benchmark for RFEM Fund index. The fund is actively-managed to select in emerging market stocks using multiple factors. The manager has discretion to hedge currency exposure up to 100% of the portfolio.