First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) to Issue Quarterly Dividend of $0.18 on March 31st

First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be paid a dividend of 0.1822 per share on Monday, March 31st. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date is Thursday, March 27th.

First Trust Dorsey Wright Momentum & Dividend ETF Stock Performance

Shares of NASDAQ:DDIV opened at $37.97 on Friday. The company has a market cap of $75.94 million, a PE ratio of 19.47 and a beta of 0.99. The firm has a 50 day simple moving average of $38.94 and a 200 day simple moving average of $38.42. First Trust Dorsey Wright Momentum & Dividend ETF has a 52 week low of $32.02 and a 52 week high of $41.08.

About First Trust Dorsey Wright Momentum & Dividend ETF

The First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of 50 large- and mid-cap, high-yield stocks exhibiting relative strength. Holdings are weighted by dividend yield. DDIV was launched on Mar 10, 2014 and is managed by First Trust.