First Trust Enhanced Short Maturity ETF (FTSM) Increases Monthly Dividend by 4.4%

First Trust Enhanced Short Maturity ETF (FTSM) has announced a monthly dividend increase of 4.4%, raising the payout from $0.205 to $0.214 per share. This adjustment brings the fund's forward yield to approximately 4.3%. The distribution is scheduled to be paid on November 3, with an ex-dividend date and record date of October 30. The increase reflects a steady dividend growth trajectory for the short-maturity ETF.

By Deepa Sarvaiya, SA News Editor · Seeking Alpha ·

First Trust Enhanced Short Maturity ETF (FTSM) Increases Monthly Dividend by 4.4%

Tickers: $FTSM

Topics: dividend declaration ETF yield increase

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