First Trust Nasdaq Oil & Gas ETF Plans Quarterly Dividend of $0.12 (NASDAQ:FTXN)

First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) announced a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Shareholders of record on Thursday, June 25th will be paid a dividend of 0.1168 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Thursday, June 25th.

First Trust Nasdaq Oil & Gas ETF Stock Performance

NASDAQ:FTXN traded up $0.23 during mid-day trading on Thursday, hitting $33.95. The company had a trading volume of 1,961,877 shares, compared to its average volume of 417,765. The firm has a market cap of $140.89 million, a P/E ratio of 11.81 and a beta of 0.46. First Trust Nasdaq Oil & Gas ETF has a fifty-two week low of $26.46 and a fifty-two week high of $40.13. The business’s fifty day moving average is $35.97 and its two-hundred day moving average is $33.72.

About First Trust Nasdaq Oil & Gas ETF

The First Trust Nasdaq Oil & Gas ETF (FTXN) is an exchange-traded fund that is based on the NASDAQ US Smart Oil & Gas index. The fund tracks an index composed of 50 US oil and gas companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXN was launched on Sep 20, 2016 and is managed by First Trust.