First Trust Nasdaq Oil & Gas ETF Announces Quarterly Dividend of $0.17 (NASDAQ:FTXN)

First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be given a dividend of 0.1747 per share on Monday, March 31st. This represents a $0.70 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date is Thursday, March 27th.

First Trust Nasdaq Oil & Gas ETF Trading Down 1.7 %

FTXN stock traded down $0.52 during midday trading on Thursday, hitting $30.12. The stock had a trading volume of 24,867 shares, compared to its average volume of 46,052. The firm has a market cap of $164.15 million, a P/E ratio of 12.12 and a beta of 1.44. The business has a fifty day moving average price of $29.76 and a two-hundred day moving average price of $29.84. First Trust Nasdaq Oil & Gas ETF has a 1-year low of $27.24 and a 1-year high of $33.72.

First Trust Nasdaq Oil & Gas ETF Company Profile

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.