First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Announces Monthly Dividend of $0.22

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) declared a monthly dividend on Thursday, August 20th, NASDAQ Dividends reports. Shareholders of record on Friday, August 21st will be given a dividend of 0.222 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 12.1%. The ex-dividend date is Friday, August 21st.

First Trust NASDAQ BuyWrite Income ETF Stock Down 0.4%

FTQI traded down $0.08 during trading on Friday, hitting $21.93. The company’s stock had a trading volume of 426,680 shares, compared to its average volume of 304,607. The business’s 50 day simple moving average is $22.03 and its 200-day simple moving average is $21.29. The firm has a market cap of $917.77 million, a PE ratio of 32.31 and a beta of 0.63. First Trust NASDAQ BuyWrite Income ETF has a one year low of $19.23 and a one year high of $22.46.

About First Trust NASDAQ BuyWrite Income ETF

The First Trust Nasdaq BuyWrite Income ETF (FTQI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US stocks, with an options overlay of short calls on the Nasdaq 100. FTQI was launched on Jan 6, 2014 and is managed by First Trust.