First Trust Morningstar Divid Ledr (NYSEARCA:FDL) announced a quarterly dividend on Thursday, December 21st, Wall Street Journal reports. Shareholders of record on Friday, December 22nd will be given a dividend of 0.2894 per share by the exchange traded fund on Friday, December 29th. This represents a $1.16 annualized dividend and a yield of 3.78%. The ex-dividend date is Thursday, December 21st. This is an increase from First Trust Morningstar Divid Ledr’s previous quarterly dividend of $0.21.
Shares of First Trust Morningstar Divid Ledr (FDL) traded up $0.07 during mid-day trading on Friday, hitting $30.61. The stock had a trading volume of 353,846 shares, compared to its average volume of 339,578. First Trust Morningstar Divid Ledr has a fifty-two week low of $27.68 and a fifty-two week high of $30.68.
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First Trust Morningstar Dividend Leaders Index Fund, seeks investment results that correspond generally to the price and yield of an equity index called the Morningstar Dividend Leaders Index (the Index). The Fund will invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the Index.
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