First Trust S&P REIT Index Fund Plans Quarterly Dividend of $0.30 (NYSEARCA:FRI)

First Trust S&P REIT Index Fund (NYSEARCA:FRI) declared a quarterly dividend on Thursday, December 21st, Wall Street Journal reports. Shareholders of record on Friday, December 22nd will be given a dividend of 0.2955 per share on Friday, December 29th. This represents a $1.18 dividend on an annualized basis and a yield of 5.37%. The ex-dividend date is Thursday, December 21st.

First Trust S&P REIT Index Fund (FRI) traded down $0.21 during trading hours on Friday, reaching $22.03. 40,859 shares of the company’s stock were exchanged, compared to its average volume of 68,778. First Trust S&P REIT Index Fund has a 52-week low of $22.02 and a 52-week high of $24.11.

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About First Trust S&P REIT Index Fund

First Trust S&P REIT Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the S&P United States REIT Index (the Index). The Index measures the securitized United States real estate investment trust (REIT) market and maintains a constituency that reflects the composition of the overall REIT market.

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