First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) Declares Dividend Increase - $0.16 Per Share

First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC - Get Free Report) announced a quarterly dividend on Wednesday, September 24th. Stockholders of record on Thursday, September 25th will be given a dividend of 0.1641 per share on Tuesday, September 30th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Thursday, September 25th. This is a 8.7% increase from First Trust Global Tactical Commodity Strategy Fund's previous quarterly dividend of $0.15.First Trust Global Tactical Commodity Strategy Fund Price PerformanceFirst Trust Global Tactical Commodity Strategy Fund stock opened at $26.01 on Thursday. The firm has a fifty day moving average of $25.36 and a 200-day moving average of $24.98. First Trust Global Tactical Commodity Strategy Fund has a 52-week low of $22.92 and a 52-week high of $26.33. About First Trust Global Tactical Commodity Strategy Fund (Get Free Report)The First Trust Global Tactical Commodity Strategy Fund (FTGC) is an exchange-traded fund that is based on the Benchmark for FTGC Fund index. The fund is an actively managed fund that, through a subsidiary, provides broad exposure to commodities through futures contracts. The fund is structured as a 1940 Act open-ended fund.Read MoreFive stocks we like better than First Trust Global Tactical Commodity Strategy FundThe How And Why of Investing in Oil StocksNuScale Power: The SMR Stock at the Heart of the AI Energy BoomStock Trading Terms - Stock Terms Every Investor Needs to KnowAirlines Are Taking Off, With More Gains Left to Price InHow to Choose Top Rated StocksCybersecurity Market Set to Double: This ETF Offers ExposureThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in First Trust Global Tactical Commodity Strategy Fund Right Now?Before you consider First Trust Global Tactical Commodity Strategy Fund, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Trust Global Tactical Commodity Strategy Fund wasn't on the list.While First Trust Global Tactical Commodity Strategy Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here