First Trust Nasdaq Pharmaceuticals ETF Announces Quarterly Dividend of $0.06 (NASDAQ:FTXH)

First Trust Nasdaq Pharmaceuticals ETF (NASDAQ:FTXH) declared a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 26th will be paid a dividend of 0.0573 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, March 26th.

First Trust Nasdaq Pharmaceuticals ETF Stock Down 0.3%

FTXH traded down $0.09 during midday trading on Thursday, reaching $33.73. 10,055 shares of the company’s stock were exchanged, compared to its average volume of 7,534. The business has a 50-day simple moving average of $34.34 and a two-hundred day simple moving average of $32.09. The firm has a market capitalization of $23.61 million, a price-to-earnings ratio of 14.51 and a beta of 0.54. First Trust Nasdaq Pharmaceuticals ETF has a one year low of $23.28 and a one year high of $35.61.

First Trust Nasdaq Pharmaceuticals ETF Company Profile

The First Trust Nasdaq Pharmaceuticals ETF (FTXH) is an exchange-traded fund that is based on the Nasdaq US Smart Pharmaceuticals index. The fund tracks the 30 most liquid US pharmaceutical companies, weighted according to factors related to value, volatility, and growth. FTXH was launched on Sep 20, 2016 and is managed by First Trust.