First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Increases Dividend to $0.02 Per Share

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) announced a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Thursday, September 26th will be paid a dividend of 0.0199 per share on Monday, September 30th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.14%. The ex-dividend date is Thursday, September 26th. This is a boost from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.02.

First Trust Dorsey Wright Focus 5 ETF Stock Performance

Shares of FV stock opened at $58.76 on Friday. First Trust Dorsey Wright Focus 5 ETF has a one year low of $41.05 and a one year high of $59.85. The firm’s 50 day moving average price is $55.65 and its 200-day moving average price is $56.04. The firm has a market cap of $3.86 billion, a P/E ratio of 16.50 and a beta of 1.07.

About First Trust Dorsey Wright Focus 5 ETF

The First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum. FV was launched on Mar 6, 2014 and is managed by First Trust.