First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Declares Monthly Dividend of $0.21

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) announced a monthly dividend on Thursday, February 20th, NASDAQ Dividends reports. Investors of record on Friday, February 21st will be paid a dividend of 0.207 per share on Friday, February 28th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 12.01%. The ex-dividend date of this dividend is Friday, February 21st. This is a boost from First Trust NASDAQ BuyWrite Income ETF’s previous monthly dividend of $0.20.

First Trust NASDAQ BuyWrite Income ETF Trading Down 2.6 %

NASDAQ:FTQI traded down $0.55 during mid-day trading on Friday, reaching $20.69. 191,620 shares of the stock were exchanged, compared to its average volume of 241,442. The business has a fifty day moving average price of $21.07 and a 200 day moving average price of $20.69. The firm has a market capitalization of $553.46 million, a PE ratio of 29.15 and a beta of 0.52. First Trust NASDAQ BuyWrite Income ETF has a 1-year low of $18.23 and a 1-year high of $21.49.

First Trust NASDAQ BuyWrite Income ETF Company Profile

The First Trust Nasdaq BuyWrite Income ETF (FTQI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US stocks, with an options overlay of short calls on the Nasdaq 100. FTQI was launched on Jan 6, 2014 and is managed by First Trust.