First Trust BuyWrite Income ETF (NASDAQ:FTHI) Raises Dividend to $0.18 Per Share

First Trust BuyWrite Income ETF (NASDAQ:FTHI) declared a dividend on Monday, July 20th, NASDAQ Dividends reports. Shareholders of record on Tuesday, July 21st will be paid a dividend of 0.179 per share on Friday, July 31st. The ex-dividend date of this dividend is Tuesday, July 21st. This is a 4.1% increase from First Trust BuyWrite Income ETF’s previous dividend of $0.17.

First Trust BuyWrite Income ETF Stock Performance

FTHI traded up $0.10 on Tuesday, hitting $23.81. 659,550 shares of the company were exchanged, compared to its average volume of 714,146. The company has a market cap of $2.38 billion, a PE ratio of 25.34 and a beta of 0.62. First Trust BuyWrite Income ETF has a 12 month low of $22.37 and a 12 month high of $24.18. The stock’s fifty day moving average is $23.81 and its 200-day moving average is $23.66.

About First Trust BuyWrite Income ETF

The First Trust BuyWrite Income ETF (FTHI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed portfolio of US-listed stocks, with an overlay of short calls on the S&P 500. FTHI was launched on Jan 6, 2014 and is managed by First Trust.