First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Increases Dividend to $0.21 Per Share

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) announced a monthly dividend on Tuesday, January 20th. Stockholders of record on Wednesday, January 21st will be paid a dividend of 0.207 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 12.0%. The ex-dividend date of this dividend is Wednesday, January 21st. This is a 1.0% increase from First Trust NASDAQ BuyWrite Income ETF’s previous monthly dividend of $0.21.

First Trust NASDAQ BuyWrite Income ETF Stock Performance

FTQI opened at $20.71 on Wednesday. The company has a market cap of $759.02 million, a PE ratio of 32.31 and a beta of 0.59. First Trust NASDAQ BuyWrite Income ETF has a 1 year low of $16.25 and a 1 year high of $21.36. The firm has a 50 day moving average price of $20.81 and a 200 day moving average price of $20.50.

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.