First Trust SSI Strategic Convertible Securities ETF (FCVT) Plans Special Dividend of $0.05

First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT) declared a special dividend on Friday, December 22nd, Wall Street Journal reports. Shareholders of record on Friday, December 22nd will be given a dividend of 0.0519 per share on Friday, December 29th. This represents a yield of 8.74%. The ex-dividend date of this dividend is Thursday, December 21st.

First Trust SSI Strategic Convertible Securities ETF (NASDAQ FCVT) traded down $0.13 during midday trading on Friday, reaching $28.71. The company’s stock had a trading volume of 7,800 shares, compared to its average volume of 17,347. First Trust SSI Strategic Convertible Securities ETF has a 52 week low of $25.79 and a 52 week high of $32.38.

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