First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) to Issue Quarterly Dividend of $0.12

First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be given a dividend of 0.1173 per share on Monday, March 31st. This represents a $0.47 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date of this dividend is Thursday, March 27th.

First Trust Nasdaq Transportation ETF Stock Down 2.1 %

Shares of FTXR stock traded down $0.66 during mid-day trading on Thursday, reaching $30.30. The stock had a trading volume of 3,706 shares, compared to its average volume of 4,390. The firm has a market cap of $28.79 million, a PE ratio of 14.12 and a beta of 1.37. First Trust Nasdaq Transportation ETF has a one year low of $28.05 and a one year high of $37.32. The firm’s 50 day simple moving average is $33.14 and its 200 day simple moving average is $33.67.

First Trust Nasdaq Transportation ETF Company Profile

The First Trust Nasdaq Transportation ETF (FTXR) is an exchange-traded fund that is based on the Nasdaq US Smart Transportation index. The fund tracks an index composed of 30 US transportation companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXR was launched on Sep 20, 2016 and is managed by First Trust.