First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) Increases Dividend to $0.76 Per Share

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID – Get Free Report) declared a quarterly dividend on Wednesday, June 24th. Stockholders of record on Thursday, June 25th will be paid a dividend of 0.7555 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 652.5% increase from First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund’s previous quarterly dividend of $0.10.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Price Performance

Shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund stock opened at $188.15 on Thursday. The stock has a market cap of $9.87 billion, a price-to-earnings ratio of 23.47 and a beta of 1.26. The firm’s 50-day moving average is $190.41 and its 200 day moving average is $173.29. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund has a 1 year low of $135.47 and a 1 year high of $199.99.

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About First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

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First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (the Fund) seeks investment results, which correspond to the price and yield (before the Fund’s fees and expenses) of an equity index called the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (the Index). The Fund focuses to invest at least 90% of its net assets in common stocks, which comprises the Index or in depositary receipts, which may include American depositary receipts (ADRs), global depositary receipts (GDRs), European depositary receipts (EDRs) or other depositary receipts (collectively Depositary Receipts) representing securities in the Index.

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