First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) to Issue Quarterly Dividend of $0.33 on September 30th

First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) declared a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Investors of record on Thursday, September 26th will be given a dividend of 0.3293 per share on Monday, September 30th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date is Thursday, September 26th.

First Trust RiverFront Dynamic Emerging Markets ETF Stock Up 3.1 %

First Trust RiverFront Dynamic Emerging Markets ETF stock opened at $70.03 on Friday. First Trust RiverFront Dynamic Emerging Markets ETF has a 52-week low of $51.67 and a 52-week high of $70.20. The firm’s fifty day moving average is $64.84 and its 200 day moving average is $64.10. The company has a market cap of $31.51 million, a price-to-earnings ratio of 7.49 and a beta of 0.83.

About First Trust RiverFront Dynamic Emerging Markets ETF

The First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) is an exchange-traded fund that is based on the Benchmark for RFEM Fund index. The fund is actively-managed to select in emerging market stocks using multiple factors. The manager has discretion to hedge currency exposure up to 100% of the portfolio.