First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Announces Monthly Dividend of $0.21

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) announced a monthly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Investors of record on Thursday, March 26th will be paid a dividend of 0.207 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 12.6%. The ex-dividend date is Thursday, March 26th.

First Trust NASDAQ BuyWrite Income ETF Trading Down 2.9%

Shares of NASDAQ FTQI traded down $0.60 during trading hours on Thursday, reaching $19.77. The stock had a trading volume of 159,147 shares, compared to its average volume of 267,294. The firm has a 50-day moving average of $20.57 and a 200-day moving average of $20.69. The firm has a market cap of $743.35 million, a price-to-earnings ratio of 32.31 and a beta of 0.59. First Trust NASDAQ BuyWrite Income ETF has a fifty-two week low of $16.25 and a fifty-two week high of $21.15.

First Trust NASDAQ BuyWrite Income ETF Company Profile

The First Trust Nasdaq BuyWrite Income ETF (FTQI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US stocks, with an options overlay of short calls on the Nasdaq 100. FTQI was launched on Jan 6, 2014 and is managed by First Trust.