First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) To Go Ex-Dividend on September 24th

First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) announced a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be given a dividend of $0.0656 per share on Wednesday, September 30th. This represents a $0.26 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 33.7% decrease from First Trust Dorsey Wright Momentum & Low Volatility ETF’s previous quarterly dividend of $0.0989.

First Trust Dorsey Wright Momentum & Low Volatility ETF Price Performance

Shares of First Trust Dorsey Wright Momentum & Low Volatility ETF stock opened at $35.38 on Friday. The firm has a fifty day moving average price of $37.02 and a 200 day moving average price of $36.41. First Trust Dorsey Wright Momentum & Low Volatility ETF has a 1 year low of $33.60 and a 1 year high of $38.30. The stock has a market cap of $70.76 million, a PE ratio of 24.91 and a beta of 0.73.

About First Trust Dorsey Wright Momentum & Low Volatility ETF

The First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Low Vol index. The fund tracks an index of 50 large- and mid-cap, low-volatility stocks exhibiting relative strength. Holdings are weighted by the inverse of their volatility. DVOL was launched on Sep 5, 2018 and is managed by First Trust.