First Trust Morningstar Divid Ledr (FDL) Plans $0.21 Quarterly Dividend
First Trust Morningstar Divid Ledr (NYSE:FDL) declared a quarterly dividend on Thursday, September 21st, Wall Street Journal reports. Shareholders of record on Friday, September 22nd will be paid a dividend of 0.2125 per share by the exchange traded fund on Friday, September 29th. This represents a $0.85 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date is Thursday, September 21st.
First Trust Morningstar Divid Ledr has raised its dividend payment by an average of 5.9% annually over the last three years.
An institutional investor recently bought a new position in First Trust Morningstar Divid Ledr stock. Northern Trust Corp purchased a new stake in shares of First Trust Morningstar Divid Ledr (NYSE:FDL) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 7,542 shares of the exchange traded fund’s stock, valued at approximately $212,000.
First Trust Morningstar Divid Ledr Company Profile
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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