First Trust NASDAQ 100 Equal Weighted Index Fund (QQEW) to Issue Quarterly Dividend of $0.15 on March 31st

First Trust NASDAQ 100 Equal Weighted Index Fund (NASDAQ:QQEW) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be paid a dividend of 0.1529 per share on Monday, March 31st. This represents a $0.61 annualized dividend and a dividend yield of 0.49%. The ex-dividend date is Thursday, March 27th. This is a 17.8% increase from First Trust NASDAQ 100 Equal Weighted Index Fund’s previous quarterly dividend of $0.13.

First Trust NASDAQ 100 Equal Weighted Index Fund Price Performance

Shares of QQEW opened at $123.86 on Friday. The stock has a fifty day moving average price of $128.88 and a 200 day moving average price of $127.73. The company has a market cap of $1.81 billion, a P/E ratio of 27.58 and a beta of 1.05. First Trust NASDAQ 100 Equal Weighted Index Fund has a 12 month low of $113.15 and a 12 month high of $136.19.

First Trust NASDAQ 100 Equal Weighted Index Fund Company Profile

The First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) is an exchange-traded fund that is based on the NASDAQ-100 Equally Weighted index. The fund tracks an equal-weighted version of the NASDAQ 100. QQEW was launched on Apr 19, 2006 and is managed by First Trust.