First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) to Issue $0.12 Quarterly Dividend

First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) announced a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be given a dividend of 0.1191 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, September 24th.

First Trust Nasdaq Transportation ETF Stock Performance

Shares of First Trust Nasdaq Transportation ETF stock traded down $0.32 on Thursday, hitting $41.75. The company’s stock had a trading volume of 6,443 shares, compared to its average volume of 289,239. First Trust Nasdaq Transportation ETF has a 1 year low of $33.62 and a 1 year high of $46.17. The firm has a fifty day moving average price of $44.13 and a 200-day moving average price of $42.63. The company has a market capitalization of $976.93 million, a price-to-earnings ratio of 11.80 and a beta of 1.29.

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.