First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Announces Monthly Dividend of $0.21

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) announced a monthly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be paid a dividend of 0.207 per share on Monday, March 31st. This represents a $2.48 annualized dividend and a dividend yield of 13.01%. The ex-dividend date is Thursday, March 27th.

First Trust NASDAQ BuyWrite Income ETF Stock Down 1.4 %

FTQI traded down $0.28 during trading on Thursday, hitting $19.10. 151,196 shares of the company traded hands, compared to its average volume of 161,310. The firm has a market cap of $510.93 million, a P/E ratio of 30.28 and a beta of 0.52. The stock’s fifty day moving average is $20.40 and its 200 day moving average is $20.65. First Trust NASDAQ BuyWrite Income ETF has a one year low of $18.23 and a one year high of $21.49.

About First Trust NASDAQ BuyWrite Income ETF

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.