First Trust Dow 30 Equal Weight ETF Announces Quarterly Dividend of $0.1337 per Share
The First Trust Dow 30 Equal Weight ETF (EDOW) has declared a quarterly dividend of $0.1337 per share, with an annualized yield of approximately 1.19%. The payment is scheduled for September 30 to shareholders on record as of September 24, and the ex-dividend date will also be September 24. The ETF tracks a version of the Dow Jones Industrial Average where each component company has equal weight rather than market-cap weighting. This dividend announcement provides investors with an update on EDOW's income-generating potential amid broader economic conditions affecting equity markets.
Tickers: $EDOW