First Trust Morningstar Divid Ledr (FDL) Raises Dividend to $0.24 Per Share
First Trust Morningstar Divid Ledr (NYSE:FDL) announced a quarterly dividend on Thursday, June 22nd, Wall Street Journal reports. Stockholders of record on Monday, June 26th will be given a dividend of 0.2379 per share by the exchange traded fund on Friday, June 30th. This represents a $0.95 annualized dividend and a dividend yield of 3.35%. The ex-dividend date is Thursday, June 22nd. This is a boost from First Trust Morningstar Divid Ledr’s previous quarterly dividend of $0.22.
First Trust Morningstar Divid Ledr has raised its dividend payment by an average of 5.9% annually over the last three years.
First Trust Morningstar Divid Ledr (NYSE FDL) traded down 0.15% during mid-day trading on Thursday, hitting $28.38. 146,356 shares of the stock traded hands. First Trust Morningstar Divid Ledr has a 52-week low of $25.66 and a 52-week high of $29.47. The firm’s 50-day moving average is $28.56 and its 200 day moving average is $28.47.
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About First Trust Morningstar Divid Ledr
First Trust Morningstar Dividend Leaders Index Fund, seeks investment results that correspond generally to the price and yield of an equity index called the Morningstar Dividend Leaders Index (the Index). The Fund will invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the Index.
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