First Trust NASDAQ 100 Technology Index Fund Plans Quarterly Dividend of $0.01 (NASDAQ:QTEC)

First Trust NASDAQ 100 Technology Index Fund (NASDAQ:QTEC) declared a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be paid a dividend of 0.0083 per share on Monday, March 31st. This represents a $0.03 dividend on an annualized basis and a dividend yield of 0.02%. The ex-dividend date of this dividend is Thursday, March 27th.

First Trust NASDAQ 100 Technology Index Fund Stock Down 1.9 %

Shares of QTEC stock traded down $3.52 on Thursday, reaching $180.15. 159,984 shares of the stock were exchanged, compared to its average volume of 182,972. The stock has a market cap of $3.60 billion, a P/E ratio of 30.18 and a beta of 1.17. The firm has a 50 day moving average of $193.68 and a two-hundred day moving average of $193.08. First Trust NASDAQ 100 Technology Index Fund has a 1-year low of $164.27 and a 1-year high of $211.25.

About First Trust NASDAQ 100 Technology Index Fund

The First Trust NASDAQ-100-Technology Sector Index Fund (QTEC) is an exchange-traded fund that is based on the NASDAQ-100 Technology Sector index. The fund tracks an equal-weighted index of the largest Nasdaq-listed US technology stocks. QTEC was launched on Apr 19, 2006 and is managed by First Trust.