First Trust Multi-Asset Diversified Income Index Fund (NASDAQ:MDIV) Declares Monthly Dividend of $0.11

First Trust Multi-Asset Diversified Income Index Fund (NASDAQ:MDIV) declared a monthly dividend on Wednesday, May 20th, Zacks reports. Shareholders of record on Friday, May 22nd will be given 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 of this dividend 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 payment by an average of 27.8% annually over the last three years.

Shares of MDIV traded down $0.09 during midday trading on Friday, hitting $13.29. 15,955 shares of the company’s stock traded hands, compared to its average volume of 276,705. First Trust Multi-Asset Diversified Income Index Fund has a 1 year low of $9.01 and a 1 year high of $19.06. The firm’s fifty day moving average is $12.59 and its 200-day moving average is $16.27.

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

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