First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Increases Dividend to $0.03 Per Share

First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) declared a quarterly dividend on Thursday, December 11th, NASDAQ Dividends reports. Shareholders of record on Friday, December 12th will be given a dividend of 0.0276 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, December 12th. This is a 95.7% increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01.

First Trust RBA American Industrial Renaissance ETF Trading Down 3.4%

Shares of NASDAQ AIRR traded down $3.50 during midday trading on Friday, reaching $99.79. 227,111 shares of the stock were exchanged, compared to its average volume of 564,740. The stock has a 50 day moving average price of $97.45 and a 200-day moving average price of $90.31. The company has a market capitalization of $6.13 billion, a P/E ratio of 21.40 and a beta of 1.29. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $59.22 and a 52-week high of $103.60.

First Trust RBA American Industrial Renaissance ETF Company Profile

The First Trust RBA American Industrial RenaissanceTM ETF (AIRR) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks a multifactor-selected index of equities that can benefit from potential regain in market share of US industrial and community banking sector. AIRR was launched on Mar 10, 2014 and is managed by First Trust.