First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) to Issue $0.13 Monthly Dividend

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) declared a monthly dividend on Monday, April 22nd, NASDAQ reports. Stockholders of record on Wednesday, April 24th will be given a dividend of 0.1325 per share on Tuesday, April 30th. This represents a $1.59 dividend on an annualized basis and a dividend yield of 5.81%. The ex-dividend date is Tuesday, April 23rd.

First Trust Emerging Markets Local Currency Bond ETF Stock Up 0.7 %

Shares of FEMB stock traded up $0.18 during trading hours on Tuesday, reaching $27.37. The company had a trading volume of 32,956 shares, compared to its average volume of 55,006. The business has a fifty day simple moving average of $28.24 and a 200-day simple moving average of $28.18. First Trust Emerging Markets Local Currency Bond ETF has a 12 month low of $25.91 and a 12 month high of $30.50.

First Trust Emerging Markets Local Currency Bond ETF Company Profile

The First Trust Emerging Markets Local Currency Bond ETF (FEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a broad range of bonds issued by emerging-market sovereign, sub-sovereign and quasi-sovereign entities, denominated in local currencies.