First Trust Nasdaq Oil & Gas ETF (FTXN) to Issue Quarterly Dividend of $0.20 on September 30th

First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) declared a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Thursday, September 26th will be given a dividend of 0.203 per share on Monday, September 30th. This represents a $0.81 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date of this dividend is Thursday, September 26th.

First Trust Nasdaq Oil & Gas ETF Trading Down 3.2 %

Shares of NASDAQ:FTXN opened at $28.27 on Friday. The company has a market capitalization of $183.76 million, a price-to-earnings ratio of 6.47 and a beta of 1.44. First Trust Nasdaq Oil & Gas ETF has a 12 month low of $26.60 and a 12 month high of $33.72. The firm’s 50-day moving average is $29.89 and its 200 day moving average is $30.87.

First Trust Nasdaq Oil & Gas ETF Company Profile

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.