First Trust Strategic Income ETF (NASDAQ:FDIV) announced a monthly dividend on Tuesday, May 21st, Wall Street Journal reports. Investors of record on Wednesday, May 22nd will be paid a dividend of 0.17 per share on Friday, May 31st. This represents a $2.04 dividend on an annualized basis and a yield of 4.10%. The ex-dividend date is Tuesday, May 21st.
First Trust Strategic Income ETF has raised its dividend payment by an average of 7.3% annually over the last three years.
FDIV stock traded up $0.16 during midday trading on Tuesday, reaching $49.75. The stock had a trading volume of 775 shares, compared to its average volume of 7,246. First Trust Strategic Income ETF has a twelve month low of $45.24 and a twelve month high of $50.19.
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