First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) to Issue Dividend Increase – $0.42 Per Share

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) declared a quarterly dividend on Wednesday, June 24th. Shareholders of record on Thursday, June 25th will be given a dividend of 0.4231 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 34.2% increase from First Trust NASDAQ Technology Dividend Index Fund’s previous quarterly dividend of $0.32.

First Trust NASDAQ Technology Dividend Index Fund Stock Performance

Shares of NASDAQ:TDIV opened at $113.92 on Thursday. First Trust NASDAQ Technology Dividend Index Fund has a one year low of $88.58 and a one year high of $128.50. The stock has a market capitalization of $4.32 billion, a price-to-earnings ratio of 25.63 and a beta of 1.15. The company has a 50-day simple moving average of $113.31 and a 200-day simple moving average of $103.11.

First Trust NASDAQ Technology Dividend Index Fund Company Profile

The First Trust NASDAQ Technology Dividend Index Fund (TDIV) is an exchange-traded fund that is based on the NASDAQ Technology Dividend index. The fund tracks a modified dividend-weighted index of US-listed technology companies that pay regular dividends. TDIV was launched on Aug 14, 2012 and is managed by First Trust.