First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) Plans Dividend Increase – $0.20 Per Share

First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) announced a dividend on Thursday, December 12th,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be paid a dividend of 0.1965 per share on Tuesday, December 31st. The ex-dividend date is Friday, December 13th. This is a boost from First Trust Nasdaq Food & Beverage ETF’s previous dividend of $0.18.

First Trust Nasdaq Food & Beverage ETF Price Performance

NASDAQ:FTXG traded down $0.09 during trading hours on Friday, reaching $24.01. The company had a trading volume of 6,919 shares, compared to its average volume of 18,345. First Trust Nasdaq Food & Beverage ETF has a 1-year low of $23.10 and a 1-year high of $26.05. The business’s 50 day moving average price is $24.53 and its 200-day moving average price is $24.54. The firm has a market cap of $31.22 million, a PE ratio of 19.00 and a beta of 0.60.

About First Trust Nasdaq Food & Beverage ETF

The First Trust Nasdaq Food & Beverage ETF (FTXG) is an exchange-traded fund that is based on the Nasdaq US Smart Food & Beverage index. The fund follows a liquidity-selected, multi-factor-weighted index of US food & beverage companies. FTXG was launched on Sep 20, 2016 and is managed by First Trust.