First Trust Value Line Dividend Index Fund Announces Quarterly Dividend of $0.2562
The First Trust Value Line Dividend Index Fund (FVD) has declared a quarterly dividend of $0.2562 per share, representing an annualized yield of approximately 2.16%. The dividend will be payable on September 30 to shareholders who are registered as of the close of business on September 24. Shareholders must own shares before this date to receive the payment. This announcement provides income-focused investors with a clear expectation for returns from FVD, which tracks an index composed primarily of value stocks that have historically paid dividends consistently. The fund is often compared to other popular dividend ETFs like DGRO and SCHD in terms of performance and yield potential.
Tickers: $FVD