First Trust NASDAQ BuyWrite Income ETF Announces Monthly Dividend of $0.21 (NASDAQ:FTQI)

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) announced a monthly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be paid a dividend of 0.207 per share on Monday, March 31st. This represents a $2.48 dividend on an annualized basis and a dividend yield of 13.01%. The ex-dividend date is Thursday, March 27th.

First Trust NASDAQ BuyWrite Income ETF Trading Down 1.4 %

Shares of FTQI opened at $19.10 on Friday. First Trust NASDAQ BuyWrite Income ETF has a 12 month low of $18.23 and a 12 month high of $21.49. The business’s fifty day simple moving average is $20.36 and its two-hundred day simple moving average is $20.64. The company has a market cap of $510.93 million, a price-to-earnings ratio of 30.28 and a beta of 0.52.

First Trust NASDAQ BuyWrite Income ETF Company Profile

The First Trust Nasdaq BuyWrite Income ETF (FTQI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US stocks, with an options overlay of short calls on the Nasdaq 100. FTQI was launched on Jan 6, 2014 and is managed by First Trust.