First Trust Capital Strength ETF (NASDAQ:FTCS) Raises Dividend to $0.29 Per Share

First Trust Capital Strength ETF (NASDAQ:FTCS) declared a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 26th will be given a dividend of 0.2873 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, March 26th. This is a 10.2% increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ:FTCS traded down $0.62 during trading hours on Thursday, hitting $92.53. 796,040 shares of the company’s stock traded hands, compared to its average volume of 506,085. The company’s fifty day simple moving average is $96.56 and its two-hundred day simple moving average is $94.05. The company has a market cap of $7.92 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80. First Trust Capital Strength ETF has a 52 week low of $80.65 and a 52 week high of $99.74.

First Trust Capital Strength ETF Company Profile

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.