First Trust Capital Strength ETF (NASDAQ:FTCS) to Issue Dividend Increase – $0.29 Per Share

First Trust Capital Strength ETF (NASDAQ:FTCS) announced a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Investors of record on Thursday, March 26th will be paid a dividend of 0.2873 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, March 26th. This is a 10.2% increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26.

First Trust Capital Strength ETF Trading Down 0.7%

FTCS traded down $0.62 on Thursday, hitting $92.53. 796,040 shares of the company’s stock were exchanged, compared to its average volume of 506,085. The firm has a market cap of $7.92 billion, a PE ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a twelve month low of $80.65 and a twelve month high of $99.74. The stock has a fifty day moving average of $96.56 and a two-hundred day moving average of $94.05.

First Trust Capital Strength ETF Company Profile

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.