First Trust Indxx NextG ETF (NASDAQ:NXTG) Increases Dividend to $0.54 Per Share

by · The Cerbat Gem

First Trust Indxx NextG ETF (NASDAQ:NXTG – Get Free Report) announced a quarterly dividend on Thursday, December 11th. Stockholders of record on Friday, December 12th will be paid a dividend of 0.5364 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, December 12th. This is a 7.1% increase from First Trust Indxx NextG ETF’s previous quarterly dividend of $0.50.

First Trust Indxx NextG ETF Trading Down 1.7%

Shares of NASDAQ:NXTG traded down $1.86 during mid-day trading on Friday, hitting $108.00. 14,188 shares of the company traded hands, compared to its average volume of 7,555. The stock has a 50-day moving average price of $107.06 and a two-hundred day moving average price of $101.26. First Trust Indxx NextG ETF has a 12-month low of $74.03 and a 12-month high of $111.54. The stock has a market cap of $426.60 million, a P/E ratio of 22.81 and a beta of 0.89.

About First Trust Indxx NextG ETF

(Get Free Report)

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.

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