First Trust IPOX-100 Index Fund (FPX) to Issue Quarterly Dividend of $0.11
First Trust IPOX-100 Index Fund (NYSEARCA:FPX) declared a quarterly dividend on Thursday, March 22nd, Wall Street Journal reports. Shareholders of record on Friday, March 23rd will be given a dividend of 0.1072 per share on Thursday, March 29th. This represents a $0.43 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date is Thursday, March 22nd.
First Trust IPOX-100 Index Fund (NYSEARCA FPX) traded up $0.02 on Friday, reaching $69.28. The company’s stock had a trading volume of 22,337 shares, compared to its average volume of 66,345. First Trust IPOX-100 Index Fund has a fifty-two week low of $56.28 and a fifty-two week high of $74.54.
About First Trust IPOX-100 Index Fund
First Trust US IPO Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the IPOX-100 U.S. Index (the Index). The Fund will normally invest at least 90% of its assets in common stocks that comprise the Index. The Index is a modified value-weighted price index measuring the performance of the top 100 United States companies ranked quarterly by market capitalization in the IPOX Global Composite Index.
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