First Trust NASDAQ BuyWrite Income ETF (FTQI) to Distribute Monthly Dividend of $0.22 on July 31st

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) declared a monthly dividend on Monday, July 20th, NASDAQ Dividends reports. Shareholders of record on Tuesday, July 21st will be paid a dividend of 0.222 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 12.1%. The ex-dividend date is Tuesday, July 21st.

First Trust NASDAQ BuyWrite Income ETF Stock Up 0.2%

Shares of FTQI opened at $22.08 on Wednesday. First Trust NASDAQ BuyWrite Income ETF has a 52-week low of $19.23 and a 52-week high of $22.37. The stock has a market cap of $928.46 million, a PE ratio of 32.31 and a beta of 0.63. The firm’s fifty day moving average is $21.91 and its two-hundred day moving average is $21.12.

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.