First Trust Emerging Markets Local Currency Bond ETF Announces Monthly Dividend of $0.13 (NASDAQ:FEMB)

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) announced a monthly dividend on Thursday, February 20th, NASDAQ Dividends reports. Shareholders of record on Friday, February 21st will be paid a dividend of 0.1325 per share on Friday, February 28th. This represents a $1.59 dividend on an annualized basis and a yield of 5.89%. The ex-dividend date of this dividend is Friday, February 21st.

First Trust Emerging Markets Local Currency Bond ETF Stock Performance

FEMB stock traded down $0.15 during midday trading on Friday, reaching $27.01. 7,193 shares of the company’s stock traded hands, compared to its average volume of 39,956. The firm’s fifty day moving average price is $26.47 and its 200-day moving average price is $27.40. First Trust Emerging Markets Local Currency Bond ETF has a 52 week low of $25.60 and a 52 week high of $30.11.

About First Trust Emerging Markets Local Currency Bond ETF

The First Trust Emerging Markets Local Currency Bond ETF (FEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a broad range of bonds issued by emerging-market sovereign, sub-sovereign and quasi-sovereign entities, denominated in local currencies.