First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) Announces Quarterly Dividend of $0.10

First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) declared a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Investors of record on Thursday, June 25th will be paid a dividend of 0.0992 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 267.4% increase from First Trust Dorsey Wright Momentum & Value ETF’s previous quarterly dividend of $0.03.

First Trust Dorsey Wright Momentum & Value ETF Trading Up 0.3%

NASDAQ DVLU traded up $0.11 on Thursday, hitting $39.67. 6,801 shares of the company were exchanged, compared to its average volume of 6,686. The company has a market cap of $45.62 million, a PE ratio of 14.02 and a beta of 1.03. The stock has a fifty day moving average of $38.19 and a 200-day moving average of $36.64. First Trust Dorsey Wright Momentum & Value ETF has a 12 month low of $29.40 and a 12 month high of $39.96.

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.