First Trust Nasdaq Bank ETF (FTXO) to Issue Quarterly Dividend of $0.12

First Trust Nasdaq Bank ETF (NASDAQ:FTXO) declared a quarterly dividend on Friday, December 22nd, Wall Street Journal reports. Shareholders of record on Friday, December 22nd will be paid a dividend of 0.1217 per share on Friday, December 29th. This represents a $0.49 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date of this dividend is Thursday, December 21st.

Shares of First Trust Nasdaq Bank ETF (NASDAQ:FTXO) traded down $0.04 on Friday, reaching $29.73. The company’s stock had a trading volume of 59,246 shares, compared to its average volume of 268,542. First Trust Nasdaq Bank ETF has a 52-week low of $24.57 and a 52-week high of $30.00.

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