First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV) to Issue Quarterly Dividend of $0.09

First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV) announced a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Investors of record on Thursday, March 26th will be given a dividend of 0.0937 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date is Thursday, March 26th.

First Trust Dorsey Wright Momentum & Dividend ETF Price Performance

DDIV traded down $0.72 on Thursday, hitting $39.81. 2,908 shares of the stock were exchanged, compared to its average volume of 6,323. The firm has a market capitalization of $61.71 million, a price-to-earnings ratio of 17.21 and a beta of 0.96. First Trust Dorsey Wright Momentum & Dividend ETF has a 12 month low of $32.06 and a 12 month high of $44.36. The business has a 50-day moving average of $42.22 and a two-hundred day moving average of $41.08.

First Trust Dorsey Wright Momentum & Dividend ETF Company Profile

The First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of 50 large- and mid-cap, high-yield stocks exhibiting relative strength. Holdings are weighted by dividend yield. DDIV was launched on Mar 10, 2014 and is managed by First Trust.