First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Raises Dividend to $0.27 Per Share

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be paid a dividend of 0.2703 per share on Monday, March 31st. This represents a $1.08 annualized dividend and a dividend yield of 1.44%. The ex-dividend date is Thursday, March 27th. This is a 10.1% increase from First Trust NASDAQ Technology Dividend Index Fund’s previous quarterly dividend of $0.25.

First Trust NASDAQ Technology Dividend Index Fund Price Performance

Shares of First Trust NASDAQ Technology Dividend Index Fund stock traded down $0.86 during midday trading on Thursday, reaching $75.11. The company had a trading volume of 71,923 shares, compared to its average volume of 122,847. The stock has a fifty day moving average price of $79.61 and a 200 day moving average price of $79.68. First Trust NASDAQ Technology Dividend Index Fund has a fifty-two week low of $65.07 and a fifty-two week high of $84.17. The firm has a market cap of $2.74 billion, a PE ratio of 26.07 and a beta of 1.00.

About First Trust NASDAQ Technology Dividend Index Fund

The First Trust NASDAQ Technology Dividend Index Fund (TDIV) is an exchange-traded fund that is based on the NASDAQ Technology Dividend index. The fund tracks a modified dividend-weighted index of US-listed technology companies that pay regular dividends. TDIV was launched on Aug 14, 2012 and is managed by First Trust.