First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) Declares Quarterly Dividend of $0.36

First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) announced a quarterly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be given a dividend of 0.3585 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 2.5% increase from First Trust NASDAQ ABA Community Bank Index Fund’s previous quarterly dividend of $0.35.

First Trust NASDAQ ABA Community Bank Index Fund Price Performance

NASDAQ:QABA traded down $0.14 during trading hours on Thursday, hitting $65.14. 876 shares of the company were exchanged, compared to its average volume of 8,996. The stock has a market capitalization of $91.20 million, a price-to-earnings ratio of 13.59 and a beta of 0.74. First Trust NASDAQ ABA Community Bank Index Fund has a 52-week low of $51.90 and a 52-week high of $70.66. The company’s 50 day moving average price is $68.27 and its 200-day moving average price is $64.25.

First Trust NASDAQ ABA Community Bank Index Fund Company Profile

The First Trust NASDAQ ABA Community Bank Index Fund (QABA) is an exchange-traded fund that is based on the NASDAQ OMX ABA Community Bank index. The fund tracks an index of NASDAQ-listed banks and thrifts, excluding the 50 largest. QABA was launched on Jun 29, 2009 and is managed by First Trust.