First Trust Cloud Computing ETF (NASDAQ:SKYY) announced a quarterly dividend on Thursday, March 21st, Wall Street Journal reports. Stockholders of record on Friday, March 22nd will be given a dividend of 0.1166 per share on Friday, March 29th. This represents a $0.47 annualized dividend and a dividend yield of 0.79%. The ex-dividend date is Thursday, March 21st. This is an increase from First Trust Cloud Computing ETF’s previous quarterly dividend of $0.04.
First Trust Cloud Computing ETF has raised its dividend by an average of 13.8% per year over the last three years.
Shares of SKYY stock traded up $0.82 during trading hours on Thursday, hitting $58.72. The company’s stock had a trading volume of 397,508 shares, compared to its average volume of 285,195. First Trust Cloud Computing ETF has a 12-month low of $45.36 and a 12-month high of $58.76.
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Further Reading: Return on Equity (ROE)
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