FT Vest Gold Strategy Target Income ETF (BATS:IGLD) Announces Dividend Increase – $0.14 Per Share

FT Vest Gold Strategy Target Income ETF (BATS:IGLD) declared a monthly dividend on Friday, August 30th, NASDAQ reports. Investors of record on Tuesday, September 3rd will be paid a dividend of 0.1448 per share on Wednesday, September 4th. This represents a $1.74 annualized dividend and a dividend yield of 8.31%. The ex-dividend date is Tuesday, September 3rd. This is an increase from FT Vest Gold Strategy Target Income ETF’s previous monthly dividend of $0.14.

FT Vest Gold Strategy Target Income ETF Trading Down 0.5 %

BATS IGLD opened at $20.90 on Friday. The company has a fifty day moving average price of $20.46 and a 200-day moving average price of $19.99.

About FT Vest Gold Strategy Target Income ETF

The FT Cboe Vest Gold Target Income ETF (IGLD) is an exchange-traded fund that is based on the SPDR Gold Trust index. The fund aims to generate income from a long position in SPDR Gold Trust ETF (GLD) and call spreads utilizing FLEX options. The fund gains exposure through a wholly-owned subsidiary. IGLD was launched on Mar 2, 2021 and is managed by First Trust.