First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV) Plans Dividend Increase – $0.25 Per Share

First Trust Dorsey Wright International Focus 5 ETF (NASDAQ:IFV – Get Free Report) declared a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Investors of record on Thursday, June 25th will be given a dividend of 0.2505 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date is Thursday, June 25th. This is a 2,779.3% increase from First Trust Dorsey Wright International Focus 5 ETF’s previous quarterly dividend of $0.0087.

First Trust Dorsey Wright International Focus 5 ETF Stock Up 0.7%

NASDAQ IFV traded up $0.20 during trading on Thursday, reaching $26.92. 30,679 shares of the stock traded hands, compared to its average volume of 58,098. The firm has a market cap of $240.93 million, a price-to-earnings ratio of 13.24 and a beta of 0.74. The stock’s 50-day moving average price is $27.63 and its 200 day moving average price is $26.50. First Trust Dorsey Wright International Focus 5 ETF has a fifty-two week low of $22.55 and a fifty-two week high of $28.70.

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About First Trust Dorsey Wright International Focus 5 ETF

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The First Trust Dorsey Wright International Focus 5 ETF (IFV) is an exchange-traded fund that mostly invests in total market equity. The fund is an ETF-of-ETFs that tracks a momentum-driven, country\u002Fregion rotation index of international equities. The index is equal-weighted. IFV was launched on Jul 22, 2014 and is managed by First Trust.

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