First Trust Nasdaq Transportation ETF to Issue Quarterly Dividend of $0.12 (NASDAQ:FTXR)

First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be given a dividend of 0.1173 per share on Monday, March 31st. This represents a $0.47 annualized dividend and a dividend yield of 1.55%. The ex-dividend date is Thursday, March 27th.

First Trust Nasdaq Transportation ETF Price Performance

Shares of First Trust Nasdaq Transportation ETF stock traded down $0.66 during midday trading on Thursday, hitting $30.30. 3,706 shares of the company were exchanged, compared to its average volume of 4,390. The firm has a 50 day simple moving average of $33.14 and a 200-day simple moving average of $33.67. The firm has a market cap of $28.79 million, a P/E ratio of 14.12 and a beta of 1.37. First Trust Nasdaq Transportation ETF has a 52 week low of $28.05 and a 52 week high of $37.32.

About First Trust Nasdaq Transportation ETF

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.