First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) Announces Dividend of $0.76

First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) declared a dividend on Thursday, December 12th,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.7608 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Friday, December 13th.

First Trust India NIFTY 50 Equal Weight ETF Price Performance

NFTY traded down $0.09 during trading hours on Friday, reaching $58.84. 42,192 shares of the stock traded hands, compared to its average volume of 29,388. First Trust India NIFTY 50 Equal Weight ETF has a fifty-two week low of $51.92 and a fifty-two week high of $65.90. The company has a market cap of $276.55 million, a price-to-earnings ratio of 24.18 and a beta of 0.72. The firm’s fifty day simple moving average is $60.16 and its two-hundred day simple moving average is $61.07.

About First Trust India NIFTY 50 Equal Weight ETF

The First Trust India NIFTY 50 Equal Weight ETF (NFTY) is an exchange-traded fund that is based on the NIFTY 50 Equal Weight index. The fund tracks an equally weighted index of the 50 largest and most liquid Indian equity securities. NFTY was launched on Feb 14, 2012 and is managed by First Trust.