First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) to Issue Dividend of $1.24

First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) declared a dividend on Thursday, December 12th,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be paid a dividend of 1.2429 per share on Tuesday, December 31st. The ex-dividend date is Friday, December 13th.

First Trust RiverFront Dynamic Emerging Markets ETF Trading Up 0.3 %

Shares of NASDAQ:RFEM traded up $0.21 during mid-day trading on Friday, hitting $64.85. 1,993 shares of the company traded hands, compared to its average volume of 2,007. The stock has a market cap of $29.18 million, a P/E ratio of 7.49 and a beta of 0.83. First Trust RiverFront Dynamic Emerging Markets ETF has a 12-month low of $56.19 and a 12-month high of $70.20. The stock has a 50-day moving average price of $65.70 and a two-hundred day moving average price of $65.57.

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.