First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) Announces Dividend Increase – $0.35 Per Share

by · The Cerbat Gem

First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABAGet Free Report) declared a quarterly dividend on Wednesday, June 24th. Investors of record on Thursday, June 25th will be given a dividend of 0.3497 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Thursday, June 25th. This is a 2.3% increase from First Trust NASDAQ ABA Community Bank Index Fund’s previous quarterly dividend of $0.34.

First Trust NASDAQ ABA Community Bank Index Fund Stock Performance

Shares of First Trust NASDAQ ABA Community Bank Index Fund stock opened at $66.56 on Thursday. The firm has a market capitalization of $83.20 million, a price-to-earnings ratio of 13.59 and a beta of 0.76. First Trust NASDAQ ABA Community Bank Index Fund has a fifty-two week low of $51.90 and a fifty-two week high of $66.74. The stock has a 50 day moving average of $62.54 and a 200 day moving average of $60.43.

About First Trust NASDAQ ABA Community Bank Index Fund

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The First Trust NASDAQ ABA Community Bank Index Fund (QABA) is an exchange-traded fund that is based on the NASDAQ OMX ABA Community Bank index. The fund tracks an index of NASDAQ-listed banks and thrifts, excluding the 50 largest. QABA was launched on Jun 29, 2009 and is managed by First Trust.

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