First Trust Nasdaq Bank ETF (NASDAQ:FTXO) to Issue $0.12 Quarterly Dividend

First Trust Nasdaq Bank ETF (NASDAQ:FTXO) declared a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be given a dividend of 0.1207 per share on Monday, March 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date of this dividend is Thursday, March 27th.

First Trust Nasdaq Bank ETF Stock Performance

FTXO stock opened at $30.69 on Friday. The firm has a market cap of $210.23 million, a P/E ratio of 12.83 and a beta of 1.11. The stock has a 50-day simple moving average of $32.56 and a 200-day simple moving average of $31.92. First Trust Nasdaq Bank ETF has a 1 year low of $24.72 and a 1 year high of $35.58.

About First Trust Nasdaq Bank ETF

The First Trust Nasdaq Bank ETF (FTXO) is an exchange-traded fund that is based on the NASDAQ US Banks index. The fund tracks an index composed of the most liquid US banking companies. Holdings are selected by their liquidity, and weighted based on volatility, value, and growth factors. FTXO was launched on Sep 20, 2016 and is managed by First Trust.