First Trust California Municipal High Income ETF (FCAL) to Issue Monthly Dividend of $0.14 on May 29th

First Trust California Municipal High Income ETF (NASDAQ:FCAL) declared a monthly dividend on Wednesday, May 20th, NASDAQ Dividends reports. Investors of record on Thursday, May 21st will be paid a dividend of 0.143 per share by the financial services provider on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Thursday, May 21st. This is a 0.7% increase from First Trust California Municipal High Income ETF’s previous monthly dividend of $0.14.

First Trust California Municipal High Income ETF Price Performance

Shares of NASDAQ:FCAL opened at $48.84 on Friday. The company’s 50 day simple moving average is $49.25 and its 200 day simple moving average is $49.41. The stock has a market capitalization of $207.57 million, a price-to-earnings ratio of 128.53 and a beta of 0.26. First Trust California Municipal High Income ETF has a 1 year low of $47.35 and a 1 year high of $50.13.

About First Trust California Municipal High Income ETF

First California Financial Group, Inc is a bank holding company for its wholly owned subsidiary First California Bank (the Bank). The Bank is a full-service commercial bank. The Bank’s operations are primarily located within the areas commonly known as the 101 corridor stretching from the City of Ventura to Calabasas, California, the Moorpark-Simi Valley corridor, the western San Fernando Valley, the Tri-Cities area of Glendale-Burbank-Pasadena, the South Bay, the Inland Empire, north San Diego County, Century City and other parts of Los Angeles, Orange San Luis Obispo and Ventura Counties in Southern California.