First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) Increases Dividend to $0.12 Per Share

First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be paid a dividend of 0.1174 per share on Monday, March 31st. This represents a $0.47 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 124.0% increase from First Trust Dorsey Wright Dynamic Focus 5 ETF’s previous quarterly dividend of $0.05.

First Trust Dorsey Wright Dynamic Focus 5 ETF Stock Down 0.8 %

Shares of FVC stock opened at $35.71 on Friday. The stock has a 50 day moving average of $36.76 and a 200-day moving average of $36.63. The firm has a market cap of $133.92 million, a PE ratio of 19.22 and a beta of 0.80. First Trust Dorsey Wright Dynamic Focus 5 ETF has a 12 month low of $30.39 and a 12 month high of $39.21.

First Trust Dorsey Wright Dynamic Focus 5 ETF Company Profile

The First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) is an exchange-traded fund that is based on the Dorsey Wright Dynamic Focus Five index. The fund tracks an index of global sector and industry ETFs, selected by price momentum and weighted equally. The fund can also allocate to cash in varying amounts based on momentum.