First Trust Dorsey Wright Momentum & Value ETF (DVLU) To Go Ex-Dividend on September 24th

First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) declared a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be given a dividend of $0.0922 per share on Wednesday, September 30th. This represents a $0.37 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Thursday, September 24th. This is a 7.1% decrease from First Trust Dorsey Wright Momentum & Value ETF’s previous quarterly dividend of $0.0992.

First Trust Dorsey Wright Momentum & Value ETF Stock Down 1.3%

NASDAQ DVLU opened at $38.88 on Friday. The firm has a market cap of $46.66 million, a P/E ratio of 14.02 and a beta of 1.03. The company’s 50 day moving average is $40.94 and its 200-day moving average is $38.66. First Trust Dorsey Wright Momentum & Value ETF has a 12-month low of $32.53 and a 12-month high of $42.55.

About First Trust Dorsey Wright Momentum & Value ETF

The First Trust Dorsey Wright Momentum & Value ETF (DVLU) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Value index. The fund tracks an index of 50 large- and mid-cap value stocks exhibiting relative strength. Holdings are weighted by value metrics. DVLU was launched on Sep 5, 2018 and is managed by First Trust.