First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Increases Dividend to $0.06 Per Share

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be paid a dividend of 0.0618 per share on Monday, March 31st. This represents a $0.25 dividend on an annualized basis and a yield of 0.44%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 210.6% increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of FV stock traded down $0.80 during mid-day trading on Thursday, hitting $56.15. The company had a trading volume of 106,009 shares, compared to its average volume of 109,717. The stock’s 50 day moving average price is $59.64 and its 200-day moving average price is $59.41. First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $49.73 and a 52-week high of $63.09. The company has a market capitalization of $3.62 billion, a P/E ratio of 18.97 and a beta of 1.07.

About First Trust Dorsey Wright Focus 5 ETF

The First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum. FV was launched on Mar 6, 2014 and is managed by First Trust.