First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Raises Dividend to $0.06 Per Share

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be given a dividend of 0.0618 per share on Monday, March 31st. This represents a $0.25 annualized dividend and a yield of 0.44%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 210.6% increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02.

First Trust Dorsey Wright Focus 5 ETF Trading Down 1.4 %

Shares of NASDAQ:FV traded down $0.80 on Thursday, reaching $56.15. 106,009 shares of the company traded hands, compared to its average volume of 109,717. First Trust Dorsey Wright Focus 5 ETF has a 52 week low of $49.73 and a 52 week high of $63.09. The business’s 50-day simple moving average is $59.64 and its 200 day simple moving average is $59.41. The stock has a market capitalization of $3.62 billion, a P/E ratio of 18.97 and a beta of 1.07.

First Trust Dorsey Wright Focus 5 ETF Company Profile

The First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum. FV was launched on Mar 6, 2014 and is managed by First Trust.