First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) Increases Dividend to $0.10 Per Share

First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) announced a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be paid a dividend of 0.1002 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 11.2% increase from First Trust SMID Cap Rising Dividend Achievers ETF’s previous quarterly dividend of $0.09.

First Trust SMID Cap Rising Dividend Achievers ETF Price Performance

NASDAQ SDVY traded down $0.27 on Thursday, hitting $41.09. The stock had a trading volume of 103,691 shares, compared to its average volume of 1,302,606. The business’s fifty day moving average price is $43.44 and its 200 day moving average price is $42.13. The stock has a market cap of $11.93 billion, a price-to-earnings ratio of 14.54 and a beta of 1.00. First Trust SMID Cap Rising Dividend Achievers ETF has a 52-week low of $36.40 and a 52-week high of $45.11.

First Trust SMID Cap Rising Dividend Achievers ETF Company Profile

The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an equal-weighted index of small- and mid-cap US companies with historically increasing dividends and that meet various fundamental criteria. SDVY was launched on Nov 1, 2017 and is managed by First Trust.