First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) Shares Set to Pay Monthly Dividend of $0.20

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB – Get Free Report) declared a monthly dividend on Tuesday, October 20th. Stockholders of record on Wednesday, October 21st will be given a dividend of $0.20 per share on Friday, October 30th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date is Wednesday, October 21st.

First Trust Emerging Markets Local Currency Bond ETF Stock Down 0.9%

Shares of NASDAQ:FEMB traded down $0.26 on Wednesday, hitting $28.66. The company had a trading volume of 29,244 shares, compared to its average volume of 116,852. First Trust Emerging Markets Local Currency Bond ETF has a 52-week low of $28.13 and a 52-week high of $31.55. The business has a 50 day moving average of $29.21 and a 200 day moving average of $29.34.

About First Trust Emerging Markets Local Currency Bond ETF

(Get Free Report)

The First Trust Emerging Markets Local Currency Bond ETF (FEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a broad range of bonds issued by emerging-market sovereign, sub-sovereign and quasi-sovereign entities, denominated in local currencies. FEMB was launched on Nov 4, 2014 and is managed by First Trust.

Further Reading

Dividend History for First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB)

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