First Trust Dorsey Wright Momentum & Value ETF (DVLU) To Go Ex-Dividend on June 26th

First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) announced a quarterly dividend on Wednesday, June 25th, NASDAQ Dividends reports. Investors of record on Thursday, June 26th will be paid a dividend of 0.0736 per share on Monday, June 30th. This represents a $0.29 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend is Thursday, June 26th. This is a 63.9% increase from First Trust Dorsey Wright Momentum & Value ETF’s previous quarterly dividend of $0.04.

First Trust Dorsey Wright Momentum & Value ETF Trading Up 1.4%

NASDAQ DVLU opened at $29.68 on Friday. The stock has a market capitalization of $29.68 million, a price-to-earnings ratio of 14.72 and a beta of 1.18. The business’s 50 day moving average is $28.51 and its two-hundred day moving average is $28.91. First Trust Dorsey Wright Momentum & Value ETF has a 12-month low of $24.10 and a 12-month high of $33.06.

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.