First Trust Multi-Asset Diversified Income Index Fund (MDIV) To Go Ex-Dividend on March 26th

Posted by Alanna Baker on Mar 27th, 2026

First Trust Multi-Asset Diversified Income Index Fund (NASDAQ:MDIV – Get Free Report) declared a monthly dividend on Wednesday, March 25th. Investors of record on Thursday, March 26th will be paid a dividend of 0.134 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 10.0%. The ex-dividend date of this dividend is Thursday, March 26th. This is a 73.6% increase from First Trust Multi-Asset Diversified Income Index Fund’s previous monthly dividend of $0.08.

First Trust Multi-Asset Diversified Income Index Fund Trading Down 1.0%

Shares of MDIV stock opened at $16.14 on Friday. The stock has a market cap of $402.69 million, a P/E ratio of 14.11 and a beta of 0.62. The stock has a 50 day moving average of $16.40 and a 200 day moving average of $16.05. First Trust Multi-Asset Diversified Income Index Fund has a twelve month low of $14.74 and a twelve month high of $16.81.

First Trust Multi-Asset Diversified Income Index Fund Company Profile

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The Multi-Asset Diversified Income Index Fund (MDIV) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index of equal-weighted US-listed securities, comprised of dividend-paying equities, REITs, preferred securities, MLPs, and a high-yield bond ETF. MDIV was launched on Aug 14, 2012 and is managed by First Trust.