First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) Plans Dividend Increase – $0.02 Per Share

First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) announced a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Stockholders of record on Thursday, September 26th will be given a dividend of 0.0241 per share on Monday, September 30th. This represents a $0.10 annualized dividend and a dividend yield of 0.38%. The ex-dividend date of this dividend is Thursday, September 26th. This is an increase from First Trust DorseyWright DALI 1 ETF’s previous quarterly dividend of $0.0046.

First Trust DorseyWright DALI 1 ETF Price Performance

Shares of First Trust DorseyWright DALI 1 ETF stock opened at $25.29 on Friday. The stock has a market cap of $107.48 million, a PE ratio of 6.12 and a beta of 0.75. The firm has a fifty day moving average price of $23.99 and a 200 day moving average price of $23.81. First Trust DorseyWright DALI 1 ETF has a 1 year low of $21.18 and a 1 year high of $25.42.

About First Trust DorseyWright DALI 1 ETF

The First Trust Dorsey Wright DALI 1 ETF (DALI) is an exchange-traded fund that is based on the Nasdaq Dorsey Wright DALI1 index. The fund tracks an index that uses momentum indicators to rotate between asset classes. The fund holds a single asset class at a time and uses other First Trust ETFs for exposure.