First Trust Morningstar Divid Ledr (FDL) Plans Dividend Increase – $0.29 Per Share
First Trust Morningstar Divid Ledr (NYSEARCA:FDL) declared a quarterly dividend on Thursday, December 21st, Wall Street Journal reports. Shareholders of record on Friday, December 22nd will be given a dividend of 0.2894 per share by the exchange traded fund on Friday, December 29th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.85%. The ex-dividend date of this dividend is Thursday, December 21st. This is an increase from First Trust Morningstar Divid Ledr’s previous quarterly dividend of $0.21.
First Trust Morningstar Divid Ledr (NYSEARCA:FDL) opened at $30.08 on Friday. First Trust Morningstar Divid Ledr has a twelve month low of $27.63 and a twelve month high of $30.56.
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First Trust Morningstar Divid Ledr Company Profile
First Trust Morningstar Dividend Leaders Index Fund, seeks investment results that correspond generally to the price and yield of an equity index called the Morningstar Dividend Leaders Index (the Index). The Fund will invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the Index.
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