First Trust BuyWrite Income ETF (FTHI) to Issue Monthly Dividend of $0.17 on September 30th

First Trust BuyWrite Income ETF (NASDAQ:FTHI) declared a monthly dividend on Wednesday, September 25th, NASDAQ reports. Stockholders of record on Thursday, September 26th will be paid a dividend of 0.168 per share on Monday, September 30th. This represents a $2.02 dividend on an annualized basis and a dividend yield of 8.78%. The ex-dividend date of this dividend is Thursday, September 26th.

First Trust BuyWrite Income ETF Stock Performance

Shares of FTHI stock opened at $22.97 on Friday. The firm’s 50-day moving average is $22.57 and its 200-day moving average is $22.45. The stock has a market cap of $803.26 million, a price-to-earnings ratio of 18.59 and a beta of 0.72. First Trust BuyWrite Income ETF has a 52-week low of $19.56 and a 52-week high of $23.17.

About First Trust BuyWrite Income ETF

The First Trust BuyWrite Income ETF (FTHI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed portfolio of US-listed stocks, with an overlay of short calls on the S&P 500. FTHI was launched on Jan 6, 2014 and is managed by First Trust.