First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Announces Dividend Increase – $0.08 Per Share

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) declared a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 25th will be given a dividend of 0.0761 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Thursday, June 25th. This is a 48.1% increase from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.05.

First Trust Dorsey Wright Focus 5 ETF Price Performance

Shares of FV traded up $1.50 during mid-day trading on Thursday, reaching $73.98. The company’s stock had a trading volume of 38,795 shares, compared to its average volume of 121,138. First Trust Dorsey Wright Focus 5 ETF has a 12-month low of $58.06 and a 12-month high of $74.61. The stock has a market cap of $3.90 billion, a PE ratio of 19.48 and a beta of 1.09. The company’s 50 day moving average is $69.79 and its 200 day moving average is $66.03.

About First Trust Dorsey Wright Focus 5 ETF

The First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum. FV was launched on Mar 6, 2014 and is managed by First Trust.