First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV) Plans $0.18 Quarterly Dividend

First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV) declared a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be paid a dividend of 0.1822 per share on Monday, March 31st. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date is Thursday, March 27th.

First Trust Dorsey Wright Momentum & Dividend ETF Trading Down 1.4 %

NASDAQ:DDIV opened at $37.97 on Friday. First Trust Dorsey Wright Momentum & Dividend ETF has a 1-year low of $32.02 and a 1-year high of $41.08. The firm has a market capitalization of $75.94 million, a price-to-earnings ratio of 19.47 and a beta of 0.99. The business’s 50-day moving average price is $38.94 and its two-hundred day moving average price is $38.42.

First Trust Dorsey Wright Momentum & Dividend ETF Company Profile

The First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of 50 large- and mid-cap, high-yield stocks exhibiting relative strength. Holdings are weighted by dividend yield. DDIV was launched on Mar 10, 2014 and is managed by First Trust.