First Trust Bloomberg Inflation Sensitive Equity ETF Announces Quarterly Dividend of $0.1337 per Share
The First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) has declared a quarterly dividend of $0.1337 per share, representing an annualized yield of 1.9%. 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 announcement provides investors with a clear timeline and amount for dividend collection. As inflation-sensitive equities are often sought after in rising price environments, this ETF's yield may attract income-focused investors seeking exposure to companies that historically perform well during periods of higher inflation.
Tickers: $FTIF
Topics: Dividend Announcement ETF