FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) Increases Dividend to $0.17 Per Share

FT Vest Rising Dividend Achievers Target Income ETF (BATS:RDVI) declared a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be given a dividend of 0.174 per share on Monday, March 31st. The ex-dividend date of this dividend is Thursday, March 27th. This is a 9.0% increase from FT Vest Rising Dividend Achievers Target Income ETF’s previous dividend of $0.16.

FT Vest Rising Dividend Achievers Target Income ETF Price Performance

RDVI stock traded down $0.39 during midday trading on Wednesday, hitting $24.19. 423,639 shares of the stock traded hands, compared to its average volume of 373,212. FT Vest Rising Dividend Achievers Target Income ETF has a 1-year low of $22.30 and a 1-year high of $26.50. The stock’s fifty day simple moving average is $24.81 and its 200-day simple moving average is $24.88. The firm has a market cap of $1.78 billion, a P/E ratio of 14.79 and a beta of 1.08.

About FT Vest Rising Dividend Achievers Target Income ETF

The FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) is an exchange-traded fund that is based on the NASDAQ US Rising Dividend Achievers index. The fund seeks to provide current income and capital appreciation by holding a portfolio of dividend-paying US equities, while utilizing a naked call writing strategy on the S&P 500 Index.