First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) to Issue $0.03 Quarterly Dividend

First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) announced a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Investors of record on Thursday, March 26th will be given a dividend of 0.027 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust Dorsey Wright Momentum & Value ETF Trading Down 1.6%

NASDAQ DVLU traded down $0.54 during trading hours on Thursday, reaching $33.72. The company’s stock had a trading volume of 2,544 shares, compared to its average volume of 7,047. The business has a 50-day simple moving average of $35.83 and a 200 day simple moving average of $34.93. First Trust Dorsey Wright Momentum & Value ETF has a 52 week low of $24.10 and a 52 week high of $37.97. The stock has a market cap of $40.46 million, a PE ratio of 14.02 and a beta of 1.08.

First Trust Dorsey Wright Momentum & Value ETF Company Profile

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.