First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) Plans Dividend Increase - $0.27 Per Share

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV - Get Free Report) declared a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be paid a dividend of 0.2703 per share on Monday, March 31st. This represents a $1.08 annualized dividend and a dividend yield of 1.47%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 10.1% increase from First Trust NASDAQ Technology Dividend Index Fund's previous quarterly dividend of $0.25.

First Trust NASDAQ Technology Dividend Index Fund Price Performance

NASDAQ:TDIV traded up $0.22 during mid-day trading on Monday, hitting $73.61. The company's stock had a trading volume of 140,473 shares, compared to its average volume of 124,606. The business's fifty day moving average is $79.23 and its two-hundred day moving average is $79.66. The stock has a market cap of $2.67 billion, a price-to-earnings ratio of 25.24 and a beta of 1.00. First Trust NASDAQ Technology Dividend Index Fund has a 1 year low of $65.07 and a 1 year high of $84.17.

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.