First Trust BuyWrite Income ETF (NASDAQ:FTHI) Shareholders to Receive $0.18 Monthly Dividend

First Trust BuyWrite Income ETF (NASDAQ:FTHI) announced a monthly dividend on Tuesday, October 20th. Investors of record on Wednesday, October 21st will be paid a dividend of $0.1760 per share on Friday, October 30th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date is Wednesday, October 21st. This is a 1.7% decrease from First Trust BuyWrite Income ETF’s previous monthly dividend of $0.1790.

First Trust BuyWrite Income ETF Stock Down 0.4%

NASDAQ:FTHI traded down $0.10 during trading hours on Wednesday, hitting $23.61. 214,904 shares of the company’s stock traded hands, compared to its average volume of 707,804. The firm has a market cap of $2.55 billion, a P/E ratio of 25.34 and a beta of 0.63. First Trust BuyWrite Income ETF has a 52 week low of $22.37 and a 52 week high of $24.39. The business’s fifty day simple moving average is $23.87 and its two-hundred day simple moving average is $23.78.

First Trust BuyWrite Income ETF Company Profile

The First Trust BuyWrite Income ETF (FTHI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed portfolio of US-listed stocks, with an overlay of short calls on the S&P 500. FTHI was launched on Jan 6, 2014 and is managed by First Trust.