First Trust India NIFTY 50 Equal Weight ETF (NFTY) To Go Ex-Dividend on March 26th

First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) announced a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Investors of record on Thursday, March 26th will be paid a dividend of 0.3053 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust India NIFTY 50 Equal Weight ETF Stock Performance

NASDAQ NFTY opened at $51.05 on Friday. The business has a fifty day moving average price of $55.92 and a 200 day moving average price of $57.53. First Trust India NIFTY 50 Equal Weight ETF has a one year low of $51.00 and a one year high of $60.70. The company has a market cap of $145.49 million, a P/E ratio of 24.33 and a beta of 0.45.

About First Trust India NIFTY 50 Equal Weight ETF

The First Trust India NIFTY 50 Equal Weight ETF (NFTY) is an exchange-traded fund that is based on the NIFTY 50 Equal Weight index. The fund tracks an equally weighted index of the 50 largest and most liquid Indian equity securities. NFTY was launched on Feb 14, 2012 and is managed by First Trust.