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

First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) declared a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be given a dividend of 0.1191 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, September 24th.

First Trust Nasdaq Transportation ETF Trading Down 1.3%

Shares of First Trust Nasdaq Transportation ETF stock traded down $0.54 during trading on Thursday, hitting $41.53. The stock had a trading volume of 10,072 shares, compared to its average volume of 289,264. First Trust Nasdaq Transportation ETF has a 12 month low of $33.62 and a 12 month high of $46.17. The firm has a market cap of $971.80 million, a price-to-earnings ratio of 11.80 and a beta of 1.29. The business’s 50-day moving average is $44.13 and its 200 day moving average is $42.63.

First Trust Nasdaq Transportation ETF Company Profile

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.