First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) Raises Dividend to $0.13 Per Share

First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) announced a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be paid a dividend of 0.1336 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 3.2% increase from First Trust Nasdaq Food & Beverage ETF’s previous quarterly dividend of $0.13.

First Trust Nasdaq Food & Beverage ETF Stock Performance

NASDAQ FTXG traded down $0.07 during trading on Thursday, reaching $21.91. 85,704 shares of the company’s stock were exchanged, compared to its average volume of 18,345. The company has a 50 day moving average price of $22.92 and a two-hundred day moving average price of $22.52. The stock has a market cap of $17.52 million, a P/E ratio of 15.14 and a beta of 0.39. First Trust Nasdaq Food & Beverage ETF has a 1 year low of $20.43 and a 1 year high of $23.95.

First Trust Nasdaq Food & Beverage ETF Company Profile

The First Trust Nasdaq Food & Beverage ETF (FTXG) is an exchange-traded fund that is based on the Nasdaq US Smart Food & Beverage index. The fund follows a liquidity-selected, multi-factor-weighted index of US food & beverage companies. FTXG was launched on Sep 20, 2016 and is managed by First Trust.