First Trust NASDAQ Technology Dividend Index Fund (TDIV) to Distribute Quarterly Dividend of $0.35 on September 30th

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV – Get Free Report) announced a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be given a dividend of $0.3497 per share on Wednesday, September 30th. This represents a $1.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, September 24th. This is a 17.3% decrease from First Trust NASDAQ Technology Dividend Index Fund’s previous quarterly dividend of $0.4231.

First Trust NASDAQ Technology Dividend Index Fund Stock Down 1.4%

Shares of NASDAQ:TDIV opened at $113.22 on Friday. The company has a market cap of $4.90 billion, a P/E ratio of 25.63 and a beta of 1.17. The business has a fifty day simple moving average of $113.74 and a 200-day simple moving average of $110.06. First Trust NASDAQ Technology Dividend Index Fund has a 52 week low of $90.24 and a 52 week high of $128.50.

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About First Trust NASDAQ Technology Dividend Index Fund

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The First Trust NASDAQ Technology Dividend Index Fund (TDIV) is an exchange-traded fund that is based on the NASDAQ Technology Dividend index. The fund tracks a modified dividend-weighted index of US-listed technology companies that pay regular dividends. TDIV was launched on Aug 14, 2012 and is managed by First Trust.

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