First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) to Issue $0.20 Monthly Dividend

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) announced a monthly dividend on Thursday, December 12th,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.204 per share on Tuesday, December 31st. This represents a $2.45 annualized dividend and a dividend yield of 11.52%. The ex-dividend date is Friday, December 13th.

First Trust NASDAQ BuyWrite Income ETF Stock Up 0.2 %

Shares of First Trust NASDAQ BuyWrite Income ETF stock traded up $0.03 during trading on Friday, reaching $21.25. The company’s stock had a trading volume of 151,094 shares, compared to its average volume of 136,329. First Trust NASDAQ BuyWrite Income ETF has a 12-month low of $18.23 and a 12-month high of $21.49. The company has a market capitalization of $490.88 million, a P/E ratio of 29.15 and a beta of 0.52. The business has a 50 day moving average price of $20.84 and a 200-day moving average price of $20.45.

About First Trust NASDAQ BuyWrite Income ETF

The First Trust Nasdaq BuyWrite Income ETF (FTQI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US stocks, with an options overlay of short calls on the Nasdaq 100. FTQI was launched on Jan 6, 2014 and is managed by First Trust.