First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Declares Quarterly Dividend of $0.10 (NASDAQ:GRID)

Key Points

• First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) declared a quarterly dividend of $0.1004 per share; shareholders of record on March 26 will be paid on March 31 with an ex-dividend date of March 26 and an annualized yield of about 0.2%.
• Shares opened at about $168.14 with a 50-day/200-day SMA of $168.48/$158.29, a market cap of approximately $6.5 billion, a P/E of 23.47, beta of 1.25, and a 1-year range of $99.78–$179.35.
• The fund seeks to track the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index and invests at least 90% of its net assets in the index’s common stocks or related depositary receipts.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID - Get Free Report) announced a quarterly dividend on Wednesday, March 25th. Stockholders of record on Thursday, March 26th will be paid a dividend of 0.1004 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Thursday, March 26th.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Stock Performance

Shares of NASDAQ:GRID opened at $168.14 on Thursday. The stock has a 50-day simple moving average of $168.48 and a 200-day simple moving average of $158.29. The stock has a market capitalization of $6.50 billion, a P/E ratio of 23.47 and a beta of 1.25. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund has a 1 year low of $99.78 and a 1 year high of $179.35.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Company Profile

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (the Fund) seeks investment results, which correspond to the price and yield (before the Fund's fees and expenses) of an equity index called the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (the Index). The Fund focuses to invest at least 90% of its net assets in common stocks, which comprises the Index or in depositary receipts, which may include American depositary receipts (ADRs), global depositary receipts (GDRs), European depositary receipts (EDRs) or other depositary receipts (collectively Depositary Receipts) representing securities in the Index.

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