First Trust Morningstar Dividend Leaders Index Fund Declares Quarterly Dividend of $0.5139
The First Trust Morningstar Dividend Leaders Index Fund (FDL) has announced a quarterly dividend of $0.5139 per share, representing an annualized yield of approximately 4.1%. 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. This ETF focuses on high-yield dividend stocks and has a history of consistent payouts despite market fluctuations in its underlying sectors. Investors are likely viewing this announcement favorably due to FDL's track record of maintaining dividends even during periods of underperformance among certain holdings.
Tickers: $FDL