First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) Increases Dividend to $0.13 Per Share

First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) announced a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be given a dividend of 0.1336 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 3.2% increase from First Trust Nasdaq Food & Beverage ETF’s previous quarterly dividend of $0.13.

First Trust Nasdaq Food & Beverage ETF Trading Down 0.5%

FTXG stock traded down $0.12 during midday trading on Thursday, hitting $21.86. The stock had a trading volume of 85,704 shares, compared to its average volume of 18,345. The firm has a market capitalization of $17.48 million, a price-to-earnings ratio of 15.14 and a beta of 0.39. The stock has a 50-day simple moving average of $22.92 and a 200 day simple moving average of $22.52. First Trust Nasdaq Food & Beverage ETF has a 52 week low of $20.43 and a 52 week high of $23.95.

First Trust Nasdaq Food & Beverage ETF Company Profile

The First Trust Nasdaq Food & Beverage ETF (FTXG) is an exchange-traded fund that is based on the Nasdaq US Smart Food & Beverage index. The fund follows a liquidity-selected, multi-factor-weighted index of US food & beverage companies. FTXG was launched on Sep 20, 2016 and is managed by First Trust.