First Trust Nasdaq Oil & Gas ETF (FTXN) To Go Ex-Dividend on September 24th

by · The Cerbat Gem

First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN – Get Free Report) declared a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be given a dividend of $0.2445 per share on Wednesday, September 30th. This represents a $0.98 annualized dividend and a yield of 2.5%. The ex-dividend date is Thursday, September 24th. This is a 109.3% increase from First Trust Nasdaq Oil & Gas ETF’s previous quarterly dividend of $0.1168.

First Trust Nasdaq Oil & Gas ETF Stock Down 0.1%

Shares of NASDAQ FTXN opened at $38.98 on Friday. The company’s 50-day simple moving average is $38.97 and its 200-day simple moving average is $37.09. First Trust Nasdaq Oil & Gas ETF has a 52-week low of $26.46 and a 52-week high of $41.96. The firm has a market cap of $157.87 million, a price-to-earnings ratio of 11.81 and a beta of 0.48.

First Trust Nasdaq Oil & Gas ETF Company Profile

(Get Free Report)

The First Trust Nasdaq Oil & Gas ETF (FTXN) is an exchange-traded fund that is based on the NASDAQ US Smart Oil & Gas index. The fund tracks an index composed of 50 US oil and gas companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXN was launched on Sep 20, 2016 and is managed by First Trust.

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