First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) to Issue $0.32 Quarterly Dividend

Key Points

• First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) declared a quarterly dividend of $0.3153 per share, payable March 31 to shareholders of record March 26, with an implied annualized yield of about 1.3% (ex-dividend date March 26).
• TDIV is an ETF that tracks a modified dividend-weighted NASDAQ technology index (launched Aug 14, 2012) and currently trades near $95.33 with a market cap of $3.65 billion, a P/E of 25.63, and a 1‑year range of $62.54–$103.15.

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV - Get Free Report) declared a quarterly dividend on Wednesday, March 25th. Shareholders of record on Thursday, March 26th will be given a dividend of 0.3153 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Thursday, March 26th.

First Trust NASDAQ Technology Dividend Index Fund Price Performance

Shares of TDIV stock opened at $95.33 on Thursday. The firm has a fifty day moving average of $97.85 and a two-hundred day moving average of $98.13. The firm has a market cap of $3.65 billion, a P/E ratio of 25.63 and a beta of 1.09. First Trust NASDAQ Technology Dividend Index Fund has a 1-year low of $62.54 and a 1-year high of $103.15.

First Trust NASDAQ Technology Dividend Index Fund Company Profile

The First Trust NASDAQ Technology Dividend Index Fund (TDIV) is an exchange-traded fund that is based on the NASDAQ Technology Dividend index. The fund tracks a modified dividend-weighted index of US-listed technology companies that pay regular dividends. TDIV was launched on Aug 14, 2012 and is managed by First Trust.

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