First Trust STOXX European Select Dividend Index Fund ETF Announces Quarterly Dividend
The First Trust STOXX European Select Dividend Index Fund ETF (FDD) has declared a quarterly dividend of $0.2584 per share, with an annualized yield of approximately 5.28%. 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 focuses primarily on financials within European markets and offers investors exposure to a portfolio designed around high dividend yields in that region. This announcement aligns with FDD's strategy of providing consistent income through its selection of dividend-paying stocks.
