First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Declares Monthly Dividend of $0.20

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) announced a monthly dividend on Thursday, December 12th,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be given a dividend of 0.204 per share on Tuesday, December 31st. This represents a $2.45 annualized dividend and a yield of 11.52%. The ex-dividend date of this dividend is Friday, December 13th.

First Trust NASDAQ BuyWrite Income ETF Stock Down 0.8 %

FTQI traded down $0.17 during midday trading on Friday, hitting $21.25. 151,094 shares of the company traded hands, compared to its average volume of 136,329. The company’s 50-day moving average is $20.84 and its 200 day moving average is $20.45. First Trust NASDAQ BuyWrite Income ETF has a 52 week low of $18.23 and a 52 week high of $21.49. The firm has a market capitalization of $490.88 million, a PE ratio of 29.15 and a beta of 0.52.

About First Trust NASDAQ BuyWrite Income ETF

The First Trust Nasdaq BuyWrite Income ETF (FTQI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US stocks, with an options overlay of short calls on the Nasdaq 100. FTQI was launched on Jan 6, 2014 and is managed by First Trust.