First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Announces Dividend Increase – $0.08 Per Share

First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be paid a dividend of 0.075 per share on Monday, March 31st. This represents a $0.30 annualized dividend and a yield of 0.43%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 79.0% increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.04.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR traded down $0.94 during mid-day trading on Thursday, reaching $69.69. The stock had a trading volume of 219,116 shares, compared to its average volume of 672,619. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $61.36 and a 52 week high of $86.95. The stock has a market capitalization of $3.05 billion, a P/E ratio of 22.32 and a beta of 1.25. The firm’s fifty day simple moving average is $75.25 and its two-hundred day simple moving average is $77.25.

First Trust RBA American Industrial Renaissance ETF Company Profile

The First Trust RBA American Industrial RenaissanceTM ETF (AIRR) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks a multifactor-selected index of equities that can benefit from potential regain in market share of US industrial and community banking sector. AIRR was launched on Mar 10, 2014 and is managed by First Trust.