First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) to Issue Quarterly Dividend of $0.09 on March 31st

First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be paid a dividend of 0.0869 per share on Monday, March 31st. This represents a $0.35 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date is Thursday, March 27th. This is a 277.8% increase from First Trust Dorsey Wright Momentum & Low Volatility ETF’s previous quarterly dividend of $0.02.

First Trust Dorsey Wright Momentum & Low Volatility ETF Trading Down 0.3 %

First Trust Dorsey Wright Momentum & Low Volatility ETF stock opened at $35.45 on Friday. The business’s 50 day simple moving average is $35.30 and its 200 day simple moving average is $34.65. First Trust Dorsey Wright Momentum & Low Volatility ETF has a 12 month low of $29.05 and a 12 month high of $36.62. The company has a market cap of $58.49 million, a price-to-earnings ratio of 23.87 and a beta of 0.80.

About First Trust Dorsey Wright Momentum & Low Volatility ETF

The First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Low Vol index. The fund tracks an index of 50 large- and mid-cap, low-volatility stocks exhibiting relative strength. Holdings are weighted by the inverse of their volatility.