First Trust India NIFTY 50 Equal Weight ETF (NFTY) To Go Ex-Dividend on December 12th

First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) declared a quarterly dividend on Thursday, December 11th. Investors of record on Friday, December 12th will be paid a dividend of 0.7212 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend is Friday, December 12th.

First Trust India NIFTY 50 Equal Weight ETF Stock Performance

NFTY stock opened at $56.97 on Friday. The company has a market capitalization of $182.30 million, a P/E ratio of 24.33 and a beta of 0.45. First Trust India NIFTY 50 Equal Weight ETF has a 52-week low of $51.57 and a 52-week high of $60.70. The business has a 50-day simple moving average of $58.76 and a two-hundred day simple moving average of $58.43.

First Trust India NIFTY 50 Equal Weight ETF Company Profile

The First Trust India NIFTY 50 Equal Weight ETF (NFTY) is an exchange-traded fund that is based on the NIFTY 50 Equal Weight index. The fund tracks an equally weighted index of the 50 largest and most liquid Indian equity securities. NFTY was launched on Feb 14, 2012 and is managed by First Trust.