First Trust California Municipal High Income ETF (NASDAQ:FCAL) Raises Dividend to $0.14 Per Share

First Trust California Municipal High Income ETF (NASDAQ:FCAL) declared a monthly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be paid a dividend of 0.145 per share by the financial services provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Thursday, September 24th. This is a 0.7% increase from First Trust California Municipal High Income ETF’s previous monthly dividend of $0.14.

First Trust California Municipal High Income ETF Price Performance

FCAL stock traded down $0.11 during midday trading on Thursday, hitting $46.80. The stock had a trading volume of 2,367 shares, compared to its average volume of 20,848. The firm has a market cap of $212.94 million, a PE ratio of 123.16 and a beta of 0.25. The company’s 50-day moving average price is $48.36 and its 200 day moving average price is $49.01. First Trust California Municipal High Income ETF has a 12-month low of $46.82 and a 12-month high of $50.13.

About First Trust California Municipal High Income ETF

First California Financial Group, Inc is a bank holding company for its wholly owned subsidiary First California Bank (the Bank). The Bank is a full-service commercial bank. The Bank’s operations are primarily located within the areas commonly known as the 101 corridor stretching from the City of Ventura to Calabasas, California, the Moorpark-Simi Valley corridor, the western San Fernando Valley, the Tri-Cities area of Glendale-Burbank-Pasadena, the South Bay, the Inland Empire, north San Diego County, Century City and other parts of Los Angeles, Orange San Luis Obispo and Ventura Counties in Southern California.