First Trust Dorsey Wright Momentum & Dividend ETF Declares Quarterly Dividend of $0.18 (NASDAQ:DDIV)

First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV) declared a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be given a dividend of 0.1822 per share on Monday, March 31st. This represents a $0.73 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend is Thursday, March 27th.

First Trust Dorsey Wright Momentum & Dividend ETF Price Performance

Shares of DDIV traded down $0.55 during midday trading on Thursday, reaching $37.97. 107,469 shares of the stock were exchanged, compared to its average volume of 14,348. The company has a market capitalization of $75.94 million, a price-to-earnings ratio of 19.47 and a beta of 0.99. First Trust Dorsey Wright Momentum & Dividend ETF has a twelve month low of $32.02 and a twelve month high of $41.08. The business’s 50-day moving average price is $38.97 and its 200 day moving average price is $38.42.

About First Trust Dorsey Wright Momentum & Dividend ETF

The First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of 50 large- and mid-cap, high-yield stocks exhibiting relative strength. Holdings are weighted by dividend yield. DDIV was launched on Mar 10, 2014 and is managed by First Trust.