FormulaFolios Tactical Income ETF (BATS:FFTI) declared a monthly dividend on Friday, March 15th, Wall Street Journal reports. Shareholders of record on Monday, March 18th will be given a dividend of 0.057 per share on Thursday, March 21st. This represents a $0.68 annualized dividend and a yield of 2.89%. The ex-dividend date of this dividend is Friday, March 15th. This is an increase from FormulaFolios Tactical Income ETF’s previous monthly dividend of $0.05.
Shares of FFTI remained flat at $$23.69 during mid-day trading on Friday. 792 shares of the stock traded hands.
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