First Trust Nasdaq Pharmaceuticals ETF (FTXH) to Distribute Quarterly Dividend of $0.01 on September 30th

First Trust Nasdaq Pharmaceuticals ETF (NASDAQ:FTXH) announced a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be paid a dividend of $0.0113 per share on Wednesday, September 30th. This represents a $0.05 annualized dividend and a yield of 0.1%. The ex-dividend date is Thursday, September 24th. This is a 87.7% decrease from First Trust Nasdaq Pharmaceuticals ETF’s previous quarterly dividend of $0.0920.

First Trust Nasdaq Pharmaceuticals ETF Stock Performance

Shares of FTXH stock opened at $41.57 on Friday. First Trust Nasdaq Pharmaceuticals ETF has a fifty-two week low of $27.30 and a fifty-two week high of $42.87. The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 14.51 and a beta of 0.46. The stock’s 50-day simple moving average is $40.51 and its 200-day simple moving average is $37.03.

About First Trust Nasdaq Pharmaceuticals ETF

The First Trust Nasdaq Pharmaceuticals ETF (FTXH) is an exchange-traded fund that is based on the Nasdaq US Smart Pharmaceuticals index. The fund tracks the 30 most liquid US pharmaceutical companies, weighted according to factors related to value, volatility, and growth. FTXH was launched on Sep 20, 2016 and is managed by First Trust.