First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) Declares $0.16 Quarterly Dividend

First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) declared a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Thursday, September 26th will be paid a dividend of 0.1636 per share on Monday, September 30th. This represents a $0.65 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date is Thursday, September 26th.

First Trust Nasdaq Food & Beverage ETF Stock Up 0.8 %

Shares of First Trust Nasdaq Food & Beverage ETF stock traded up $0.19 on Thursday, hitting $25.49. The stock had a trading volume of 77,157 shares, compared to its average volume of 21,023. First Trust Nasdaq Food & Beverage ETF has a one year low of $21.55 and a one year high of $26.05. The stock’s 50-day simple moving average is $25.05 and its two-hundred day simple moving average is $24.49. The stock has a market cap of $43.33 million, a price-to-earnings ratio of 19.00 and a beta of 0.60.

About First Trust Nasdaq Food & Beverage ETF

The First Trust Nasdaq Food & Beverage ETF (FTXG) is an exchange-traded fund that is based on the Nasdaq US Smart Food & Beverage index. The fund follows a liquidity-selected, multi-factor-weighted index of US food & beverage companies. FTXG was launched on Sep 20, 2016 and is managed by First Trust.