First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Announces $0.19 Quarterly Dividend

First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) declared a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Thursday, September 26th will be given a dividend of 0.1912 per share on Monday, September 30th. This represents a $0.76 annualized dividend and a yield of 1.30%. The ex-dividend date is Thursday, September 26th.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.7 %

Shares of NASDAQ RDVY traded up $0.39 on Thursday, hitting $58.75. The company had a trading volume of 622,952 shares, compared to its average volume of 726,708. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $43.30 and a 12-month high of $59.33. The firm has a market capitalization of $11.69 billion, a P/E ratio of 10.08 and a beta of 1.15. The business has a 50 day moving average of $57.06 and a two-hundred day moving average of $55.64.

About First Trust NASDAQ Rising Dividend Achievers

The First Trust Rising Dividend Achievers ETF (RDVY) is an exchange-traded fund that is based on the NASDAQ US Rising Dividend Achievers index. The fund tracks an index of 50 large-cap stocks with rising, high-quality dividends. RDVY was launched on Jan 6, 2014 and is managed by First Trust.