First Trust Growth Strength ETF (NASDAQ:FTGS) Raises Dividend to $0.02 Per Share

First Trust Growth Strength ETF (NASDAQ:FTGS) announced a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Thursday, September 26th will be given a dividend of 0.021 per share on Monday, September 30th. This represents a $0.08 annualized dividend and a yield of 0.27%. The ex-dividend date is Thursday, September 26th. This is a positive change from First Trust Growth Strength ETF’s previous quarterly dividend of $0.01.

First Trust Growth Strength ETF Price Performance

Shares of FTGS stock traded up $0.16 during trading hours on Thursday, reaching $31.21. 126,203 shares of the company were exchanged, compared to its average volume of 160,961. The company has a market cap of $580.51 million, a price-to-earnings ratio of 20.80 and a beta of 1.11. The stock’s fifty day moving average is $30.43 and its two-hundred day moving average is $30.27. First Trust Growth Strength ETF has a fifty-two week low of $22.69 and a fifty-two week high of $32.00.

First Trust Growth Strength ETF Company Profile

The First Trust Growth Strength ETF (FTGS) is an exchange-traded fund that is based on the The Growth Strength index. The fund tracks an equal-weighted index of 50 well-capitalized, large-cap companies with strong market positions in the US. The fund uses various fundamental metrics to select growth equities.