First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) Increases Dividend to $0.36 Per Share

First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) declared a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be paid a dividend of 0.3585 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 2.5% increase from First Trust NASDAQ ABA Community Bank Index Fund’s previous quarterly dividend of $0.35.

First Trust NASDAQ ABA Community Bank Index Fund Trading Down 0.2%

Shares of NASDAQ:QABA traded down $0.14 during midday trading on Thursday, hitting $65.14. 876 shares of the stock were exchanged, compared to its average volume of 8,996. The stock has a market cap of $91.20 million, a P/E ratio of 13.59 and a beta of 0.74. First Trust NASDAQ ABA Community Bank Index Fund has a twelve month low of $51.90 and a twelve month high of $70.66. The company has a 50 day moving average price of $68.27 and a 200-day moving average price of $64.25.

First Trust NASDAQ ABA Community Bank Index Fund Company Profile

The First Trust NASDAQ ABA Community Bank Index Fund (QABA) is an exchange-traded fund that is based on the NASDAQ OMX ABA Community Bank index. The fund tracks an index of NASDAQ-listed banks and thrifts, excluding the 50 largest. QABA was launched on Jun 29, 2009 and is managed by First Trust.