First Trust Dorsey Wright Dynamic Focus 5 ETF Plans Quarterly Dividend of $0.05 (NASDAQ:FVC)

Posted by Trevor Kearing on Sep 27th, 2024

First Trust Dorsey Wright Dynamic Focus 5 ETF (NASDAQ:FVC – Get Free Report) declared a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Stockholders of record on Thursday, September 26th will be paid a dividend of 0.0524 per share on Monday, September 30th. This represents a $0.21 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date is Thursday, September 26th.

First Trust Dorsey Wright Dynamic Focus 5 ETF Trading Up 2.1 %

FVC stock opened at $36.26 on Friday. First Trust Dorsey Wright Dynamic Focus 5 ETF has a 52 week low of $29.70 and a 52 week high of $36.67. The company has a market cap of $161.36 million, a P/E ratio of 13.85 and a beta of 0.80. The company’s 50-day moving average price is $34.22 and its 200 day moving average price is $34.34.

About First Trust Dorsey Wright Dynamic Focus 5 ETF

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The First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) is an exchange-traded fund that is based on the Dorsey Wright Dynamic Focus Five index. The fund tracks an index of global sector and industry ETFs, selected by price momentum and weighted equally. The fund can also allocate to cash in varying amounts based on momentum.