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First Trust Dividend Strength ETF declares $0.3427 dividend
Seeking Alpha News (Mon, 16-Dec 8:55 AM ET)
First Trust Dividend Strength ETF is an exchange-traded index fund. The objective of the Fund is to seek investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called The Dividend Strength Index. Index will be composed of approximately 50 U.S. equity securities and is designed to provide exposure to well-capitalized companies with a history of increasing their dividend.
First Trust Dividend Strength ETF trades on the NASDAQ stock market under the symbol FTDS.
As of December 16, 2024, FTDS stock price declined to $52.38 with 3,960 million shares trading.
FTDS has a market cap of $26.19 million. This is considered a Sub-Micro Cap stock.
FTDS has underperformed the market in the last year with a price return of +17.6% while the SPY ETF gained +30.5%. FTDS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.8% and -4.3%, respectively, while the SPY returned +8.3% and +0.7%, respectively.
FTDS support price is $52.26 and resistance is $53.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FTDS shares will trade within this expected range on the day.