First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) Increases Dividend to $0.13 Per Share

First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) announced a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Thursday, September 26th will be paid a dividend of 0.1284 per share on Monday, September 30th. This represents a $0.51 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date is Thursday, September 26th. This is an increase from First Trust Nasdaq Transportation ETF’s previous quarterly dividend of $0.12.

First Trust Nasdaq Transportation ETF Stock Up 1.2 %

Shares of FTXR opened at $31.97 on Friday. First Trust Nasdaq Transportation ETF has a 52-week low of $24.76 and a 52-week high of $33.28. The stock has a 50 day moving average price of $30.70 and a 200 day moving average price of $30.87. The company has a market capitalization of $38.37 million, a price-to-earnings ratio of 16.14 and a beta of 1.37.

First Trust Nasdaq Transportation ETF Company Profile

The First Trust Nasdaq Transportation ETF (FTXR) is an exchange-traded fund that is based on the Nasdaq US Smart Transportation index. The fund tracks an index composed of 30 US transportation companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXR was launched on Sep 20, 2016 and is managed by First Trust.