First Trust Hedged BuyWrite Income ETF (NASDAQ:FTLB) announced a monthly dividend on Tuesday, May 21st, Wall Street Journal reports. Investors of record on Wednesday, May 22nd will be paid a dividend of 0.055 per share on Friday, May 31st. This represents a $0.66 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date of this dividend is Tuesday, May 21st.
First Trust Hedged BuyWrite Income ETF has decreased its dividend payment by an average of 1.9% per year over the last three years.
FTLB stock traded up $0.07 during midday trading on Tuesday, reaching $21.82. The stock had a trading volume of 100 shares, compared to its average volume of 5,338. First Trust Hedged BuyWrite Income ETF has a twelve month low of $18.99 and a twelve month high of $23.26.
Further Reading: Convertible Shares
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