First Trust NASDAQ 100 Technology Index Fund (NASDAQ:QTEC) Announces Quarterly Dividend of $0.01

First Trust NASDAQ 100 Technology Index Fund (NASDAQ:QTEC) declared a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be paid a dividend of 0.0083 per share on Monday, March 31st. This represents a $0.03 annualized dividend and a yield of 0.02%. The ex-dividend date is Thursday, March 27th.

First Trust NASDAQ 100 Technology Index Fund Stock Down 1.9 %

Shares of QTEC stock traded down $3.52 during mid-day trading on Thursday, hitting $180.15. 159,984 shares of the company’s stock were exchanged, compared to its average volume of 182,972. The stock has a market cap of $3.60 billion, a price-to-earnings ratio of 30.18 and a beta of 1.17. First Trust NASDAQ 100 Technology Index Fund has a fifty-two week low of $164.27 and a fifty-two week high of $211.25. The stock has a 50-day simple moving average of $193.68 and a two-hundred day simple moving average of $193.08.

About First Trust NASDAQ 100 Technology Index Fund

The First Trust NASDAQ-100-Technology Sector Index Fund (QTEC) is an exchange-traded fund that is based on the NASDAQ-100 Technology Sector index. The fund tracks an equal-weighted index of the largest Nasdaq-listed US technology stocks. QTEC was launched on Apr 19, 2006 and is managed by First Trust.