First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) Announces Dividend Increase – $0.18 Per Share

First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) announced a dividend on Wednesday, June 26th, NASDAQ reports. Investors of record on Thursday, June 27th will be paid a dividend of 0.1833 per share on Friday, June 28th. The ex-dividend date of this dividend is Thursday, June 27th. This is a positive change from First Trust Nasdaq Food & Beverage ETF’s previous dividend of $0.09.

First Trust Nasdaq Food & Beverage ETF Price Performance

FTXG opened at $23.49 on Friday. The firm has a market cap of $51.69 million, a P/E ratio of 19.00 and a beta of 0.60. First Trust Nasdaq Food & Beverage ETF has a 1-year low of $21.55 and a 1-year high of $26.97. The company has a 50 day simple moving average of $24.29 and a two-hundred day simple moving average of $24.15.

First Trust Nasdaq Food & Beverage ETF Company Profile

The First Trust Nasdaq Food & Beverage ETF (FTXG) is an exchange-traded fund that is based on the Nasdaq US Smart Food & Beverage index. The fund follows a liquidity-selected, multi-factor-weighted index of US food & beverage companies. FTXG was launched on Sep 20, 2016 and is managed by First Trust.