First Trust Multi-Asset Diversified Income Index Fund (MDIV) to Issue Monthly Dividend of $0.11 on May 29th

First Trust Multi-Asset Diversified Income Index Fund (NASDAQ:MDIV) announced a monthly dividend on Wednesday, May 20th, Zacks reports. Investors of record on Friday, May 22nd will be paid a dividend of 0.107 per share on Friday, May 29th. This represents a $1.28 annualized dividend and a yield of 9.66%. The ex-dividend date is Thursday, May 21st. This is an increase from First Trust Multi-Asset Diversified Income Index Fund’s previous monthly dividend of $0.04.

First Trust Multi-Asset Diversified Income Index Fund has decreased its dividend by an average of 27.8% per year over the last three years.

NASDAQ:MDIV traded down $0.09 during midday trading on Friday, hitting $13.29. 15,955 shares of the stock were exchanged, compared to its average volume of 276,705. First Trust Multi-Asset Diversified Income Index Fund has a one year low of $9.01 and a one year high of $19.06. The business has a 50-day moving average price of $12.59 and a two-hundred day moving average price of $16.27.

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Dividend History for First Trust Multi-Asset Diversified Income Index Fund (NASDAQ:MDIV)

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