First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT) to Issue $0.05 Monthly Dividend

First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT) declared a monthly dividend on Wednesday, May 20th. Shareholders of record on Thursday, May 21st will be paid a dividend of 0.045 per share on Friday, May 29th. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, May 21st.

First Trust SSI Strategic Convertible Securities ETF Price Performance

Shares of FCVT stock opened at $50.81 on Thursday. First Trust SSI Strategic Convertible Securities ETF has a 1-year low of $36.43 and a 1-year high of $52.55. The firm has a fifty day moving average of $47.62 and a two-hundred day moving average of $45.59.

First Trust SSI Strategic Convertible Securities ETF Company Profile

The First Trust SSI Strategic Convertible Securities ETF (FCVT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of convertible securities from within and outside the US. FCVT was launched on Nov 4, 2015 and is managed by First Trust.