First Trust NASDAQ ABA Community Bank Index Fund ETF Announces Quarterly Dividend
The First Trust NASDAQ ABA Community Bank Index Fund ETF (QABA) has declared a quarterly dividend of $0.3585 per share, representing a forward yield of 2.19%. The payment is scheduled for September 30 to shareholders on record as of September 24, with an ex-dividend date also set for September 24. The announcement comes amid ongoing regulatory discussions in the U.S., where regulators are working toward establishing frameworks to address risks tied to banks' third-party relationships. This context may influence investor sentiment around community bank ETFs like QABA as concerns about operational and compliance risk grow within the sector.
Tickers: $QABA