First Trust Capital Strength ETF (NASDAQ:FTCS) Increases Dividend to $0.33 Per Share

First Trust Capital Strength ETF (NASDAQ:FTCS) announced a quarterly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be paid a dividend of 0.3332 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 26.4% increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26.

First Trust Capital Strength ETF Price Performance

FTCS opened at $95.48 on Thursday. First Trust Capital Strength ETF has a 1-year low of $89.76 and a 1-year high of $102.93. The business has a 50 day moving average price of $99.07 and a two-hundred day moving average price of $95.71. The company has a market capitalization of $7.52 billion, a price-to-earnings ratio of 21.51 and a beta of 0.70.

About First Trust Capital Strength ETF

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.