First Trust BuyWrite Income ETF (NASDAQ:FTHI) Plans Monthly Dividend of $0.17

First Trust BuyWrite Income ETF (NASDAQ:FTHI) declared a monthly dividend on Monday, April 22nd, NASDAQ reports. Investors of record on Wednesday, April 24th will be given a dividend of 0.168 per share on Tuesday, April 30th. This represents a $2.02 annualized dividend and a dividend yield of 9.16%. The ex-dividend date of this dividend is Tuesday, April 23rd. This is a positive change from First Trust BuyWrite Income ETF’s previous monthly dividend of $0.16.

First Trust BuyWrite Income ETF Stock Performance

Shares of NASDAQ:FTHI traded up $0.06 during midday trading on Tuesday, hitting $22.00. 242,469 shares of the company’s stock traded hands, compared to its average volume of 205,160. The company has a market cap of $565.84 million, a PE ratio of 18.33 and a beta of 0.72. The firm’s fifty day moving average price is $22.20 and its two-hundred day moving average price is $21.48. First Trust BuyWrite Income ETF has a twelve month low of $19.56 and a twelve month high of $22.59.

About First Trust BuyWrite Income ETF

The First Trust BuyWrite Income ETF (FTHI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed portfolio of US-listed stocks, with an overlay of short calls on the S&P 500. FTHI was launched on Jan 6, 2014 and is managed by First Trust.