First Trust Nasdaq Bank ETF (NASDAQ:FTXO) Plans Dividend Increase – $0.22 Per Share

First Trust Nasdaq Bank ETF (NASDAQ:FTXO) declared a dividend on Wednesday, June 26th, NASDAQ reports. Shareholders of record on Thursday, June 27th will be given a dividend of 0.2216 per share on Friday, June 28th. The ex-dividend date of this dividend is Thursday, June 27th. This is an increase from First Trust Nasdaq Bank ETF’s previous dividend of $0.11.

First Trust Nasdaq Bank ETF Stock Performance

FTXO stock opened at $25.82 on Friday. The company has a market capitalization of $108.46 million, a P/E ratio of 10.77 and a beta of 1.11. First Trust Nasdaq Bank ETF has a 52-week low of $18.94 and a 52-week high of $27.80. The business has a 50-day simple moving average of $26.42 and a two-hundred day simple moving average of $25.72.

First Trust Nasdaq Bank ETF Company Profile

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.