First Trust Nasdaq Transportation ETF (FTXR) To Go Ex-Dividend on December 12th

First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) announced a quarterly dividend on Thursday, December 11th. Investors of record on Friday, December 12th will be paid a dividend of 0.1692 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Friday, December 12th. This is a 60.4% increase from First Trust Nasdaq Transportation ETF’s previous quarterly dividend of $0.11.

First Trust Nasdaq Transportation ETF Stock Down 0.6%

First Trust Nasdaq Transportation ETF stock opened at $39.05 on Friday. First Trust Nasdaq Transportation ETF has a 52-week low of $25.47 and a 52-week high of $39.28. The firm has a market cap of $39.05 million, a PE ratio of 11.80 and a beta of 1.31. The company’s 50 day moving average is $35.99 and its two-hundred day moving average is $34.16.

About First Trust Nasdaq Transportation ETF

The First Trust Nasdaq Transportation ETF (FTXR) is an exchange-traded fund that is based on the Nasdaq US Smart Transportation index. The fund tracks an index composed of 30 US transportation companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXR was launched on Sep 20, 2016 and is managed by First Trust.