First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) Plans Quarterly Dividend of $0.13

First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) announced a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 25th will be paid a dividend of 0.1268 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, June 25th. This is a 270.8% increase from First Trust Nasdaq Transportation ETF’s previous quarterly dividend of $0.03.

First Trust Nasdaq Transportation ETF Price Performance

Shares of FTXR traded up $0.77 during trading hours on Thursday, hitting $45.39. The stock had a trading volume of 111,483 shares, compared to its average volume of 370,302. First Trust Nasdaq Transportation ETF has a 1-year low of $31.14 and a 1-year high of $46.17. The firm has a market capitalization of $1.02 billion, a P/E ratio of 11.80 and a beta of 1.28. The firm has a 50 day simple moving average of $42.74 and a 200-day simple moving average of $40.90.

First Trust Nasdaq Transportation ETF Company Profile

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.