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

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) announced a monthly dividend on Thursday, February 19th. Stockholders of record on Friday, February 20th will be paid a dividend of 0.207 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 12.2%. The ex-dividend date is Friday, February 20th.

First Trust NASDAQ BuyWrite Income ETF Stock Down 0.5%

Shares of NASDAQ:FTQI traded down $0.11 during trading on Friday, reaching $20.43. The stock had a trading volume of 45,330 shares, compared to its average volume of 267,142. First Trust NASDAQ BuyWrite Income ETF has a 52 week low of $16.25 and a 52 week high of $21.15. The stock has a fifty day simple moving average of $20.82 and a two-hundred day simple moving average of $20.65. The firm has a market capitalization of $768.17 million, a price-to-earnings ratio of 32.31 and a beta of 0.59.

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.