First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) to Issue Dividend Increase – $0.58 Per Share

First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) announced a quarterly dividend on Wednesday, September 23rd, Zacks reports. Stockholders of record on Friday, September 25th will be paid a dividend of 0.575 per share on Wednesday, September 30th. This represents a $2.30 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date is Thursday, September 24th. This is an increase from First Trust RiverFront Dynamic Emerging Markets ETF’s previous quarterly dividend of $0.18.

First Trust RiverFront Dynamic Emerging Markets ETF has increased its dividend by 23.2% over the last three years.

Shares of RFEM traded down $0.05 during trading hours on Friday, hitting $59.51. The stock had a trading volume of 1,778 shares, compared to its average volume of 7,459. The firm has a 50-day moving average price of $62.15 and a 200 day moving average price of $55.73. First Trust RiverFront Dynamic Emerging Markets ETF has a fifty-two week low of $42.32 and a fifty-two week high of $67.12.

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Dividend History for First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM)

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