FT Vest Rising Dividend Achievers Target Income ETF Declares $0.1999 Monthly Dividend
The FT Vest Rising Dividend Achievers Target Income ETF (RDVI) has declared a monthly dividend of $0.1999 per share, representing an annualized forward yield of 8.51%. The payment is scheduled for September 30 to shareholders on record as of September 24, with the ex-dividend date also set for September 24. RDVI aims to outperform traditional benchmarks like the S&P 500 by delivering higher dividend yields and consistent monthly payouts. This ETF has been highlighted for its strong returns alongside an attractive distribution rate exceeding 8%. Analysts have noted RDVI's performance as a compelling option in the income-focused investment space. The declaration reinforces investor confidence in the fund’s ability to maintain high-yield distributions, potentially attracting dividend-seeking investors looking for alternatives beyond traditional equity indices.
Topics: dividend_income ETF FT Vest Rising Dividend Achievers Target Income ETF