First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) Announces Quarterly Dividend of $0.31

First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA - Get Free Report) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be paid a dividend of 0.3069 per share on Monday, March 31st. This represents a $1.23 annualized dividend and a dividend yield of 2.35%. The ex-dividend date is Thursday, March 27th. This is a 11.2% increase from First Trust NASDAQ ABA Community Bank Index Fund's previous quarterly dividend of $0.28.

First Trust NASDAQ ABA Community Bank Index Fund Trading Up 0.3 %

Shares of QABA stock traded up $0.17 during trading hours on Monday, reaching $52.28. 113,331 shares of the stock were exchanged, compared to its average volume of 61,196. The firm has a market capitalization of $115.02 million, a price-to-earnings ratio of 13.73 and a beta of 0.92. First Trust NASDAQ ABA Community Bank Index Fund has a 12-month low of $42.52 and a 12-month high of $64.30. The company's 50-day moving average price is $55.44 and its 200-day moving average price is $56.08.

About First Trust NASDAQ ABA Community Bank Index Fund

The First Trust NASDAQ ABA Community Bank Index Fund (QABA) is an exchange-traded fund that is based on the NASDAQ OMX ABA Community Bank index. The fund tracks an index of NASDAQ-listed banks and thrifts, excluding the 50 largest. QABA was launched on Jun 29, 2009 and is managed by First Trust.