First Trust Nasdaq Transportation ETF (FTXR) to Issue Quarterly Dividend of $0.13 on September 30th

First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) announced a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Thursday, September 26th will be paid a dividend of 0.1284 per share on Monday, September 30th. This represents a $0.51 annualized dividend and a yield of 1.61%. The ex-dividend date is Thursday, September 26th. This is a positive change from First Trust Nasdaq Transportation ETF’s previous quarterly dividend of $0.12.

First Trust Nasdaq Transportation ETF Stock Up 1.2 %

Shares of NASDAQ:FTXR opened at $31.97 on Friday. First Trust Nasdaq Transportation ETF has a 52 week low of $24.76 and a 52 week high of $33.28. The company’s fifty day moving average is $30.70 and its 200 day moving average is $30.87. The stock has a market cap of $38.37 million, a PE ratio of 16.14 and a beta of 1.37.

About First Trust Nasdaq Transportation ETF

The First Trust Nasdaq Transportation ETF (FTXR) is an exchange-traded fund that is based on the Nasdaq US Smart Transportation index. The fund tracks an index composed of 30 US transportation companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXR was launched on Sep 20, 2016 and is managed by First Trust.