First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) Declares $0.17 Quarterly Dividend

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

First Trust Nasdaq Oil & Gas ETF Stock Performance

NASDAQ FTXN traded down $0.52 during trading on Thursday, reaching $30.12. 24,867 shares of the company traded hands, compared to its average volume of 46,052. The stock’s 50 day moving average price is $29.76 and its two-hundred day moving average price is $29.84. First Trust Nasdaq Oil & Gas ETF has a 1-year low of $27.24 and a 1-year high of $33.72. The company has a market cap of $164.15 million, a price-to-earnings ratio of 12.12 and a beta of 1.44.

First Trust Nasdaq Oil & Gas ETF Company Profile

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.