First Trust NASDAQ Technology Dividend Index Fund (TDIV) to Issue Quarterly Dividend of $0.27 on March 31st

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be paid a dividend of 0.2703 per share on Monday, March 31st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 10.1% increase from First Trust NASDAQ Technology Dividend Index Fund’s previous quarterly dividend of $0.25.

First Trust NASDAQ Technology Dividend Index Fund Stock Performance

Shares of First Trust NASDAQ Technology Dividend Index Fund stock opened at $75.11 on Friday. The stock has a market cap of $2.74 billion, a P/E ratio of 26.07 and a beta of 1.00. The stock’s fifty day moving average is $79.52 and its 200 day moving average is $79.64. First Trust NASDAQ Technology Dividend Index Fund has a one year low of $65.07 and a one year high of $84.17.

First Trust NASDAQ Technology Dividend Index Fund Company Profile

The First Trust NASDAQ Technology Dividend Index Fund (TDIV) is an exchange-traded fund that is based on the NASDAQ Technology Dividend index. The fund tracks a modified dividend-weighted index of US-listed technology companies that pay regular dividends. TDIV was launched on Aug 14, 2012 and is managed by First Trust.