First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) Announces Dividend Increase – $0.35 Per Share

First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) declared a quarterly dividend on Wednesday, June 24th. Investors of record on Thursday, June 25th will be paid a dividend of 0.3497 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 2.3% increase from First Trust NASDAQ ABA Community Bank Index Fund’s previous quarterly dividend of $0.34.

First Trust NASDAQ ABA Community Bank Index Fund Trading Up 1.1%

QABA opened at $66.56 on Thursday. The firm has a market cap of $83.20 million, a P/E ratio of 13.59 and a beta of 0.76. First Trust NASDAQ ABA Community Bank Index Fund has a 12 month low of $51.90 and a 12 month high of $66.74. The stock has a 50-day moving average of $62.54 and a 200 day moving average of $60.43.

First Trust NASDAQ ABA Community Bank Index Fund Company Profile

The First Trust NASDAQ ABA Community Bank Index Fund (QABA) is an exchange-traded fund that is based on the NASDAQ OMX ABA Community Bank index. The fund tracks an index of NASDAQ-listed banks and thrifts, excluding the 50 largest. QABA was launched on Jun 29, 2009 and is managed by First Trust.