First Trust California Municipal High Income ETF (NASDAQ:FCAL) Increases Dividend to $0.14 Per Share

First Trust California Municipal High Income ETF (NASDAQ:FCAL) declared a monthly dividend on Thursday, August 20th, NASDAQ Dividends reports. Investors of record on Friday, August 21st will be paid a dividend of 0.144 per share by the financial services provider on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Friday, August 21st. This is a 0.7% increase from First Trust California Municipal High Income ETF’s previous monthly dividend of $0.14.

First Trust California Municipal High Income ETF Price Performance

FCAL stock traded down $0.13 during mid-day trading on Friday, reaching $48.54. 43,935 shares of the company’s stock were exchanged, compared to its average volume of 19,756. The company has a market cap of $218.43 million, a price-to-earnings ratio of 127.74 and a beta of 0.25. The stock’s 50 day moving average is $49.21 and its 200 day moving average is $49.36. First Trust California Municipal High Income ETF has a 12-month low of $47.60 and a 12-month high of $50.13.

About First Trust California Municipal High Income ETF

First California Financial Group, Inc is a bank holding company for its wholly owned subsidiary First California Bank (the Bank). The Bank is a full-service commercial bank. The Bank’s operations are primarily located within the areas commonly known as the 101 corridor stretching from the City of Ventura to Calabasas, California, the Moorpark-Simi Valley corridor, the western San Fernando Valley, the Tri-Cities area of Glendale-Burbank-Pasadena, the South Bay, the Inland Empire, north San Diego County, Century City and other parts of Los Angeles, Orange San Luis Obispo and Ventura Counties in Southern California.