First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) Raises Dividend to $3.66 Per Share

First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC - Get Free Report) announced a quarterly dividend on Monday, December 15th. Investors of record on Tuesday, December 16th will be given a dividend of 3.6647 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 55.0%. The ex-dividend date of this dividend is Tuesday, December 16th. This is a 2,133.2% increase from First Trust Global Tactical Commodity Strategy Fund's previous quarterly dividend of $0.16.First Trust Global Tactical Commodity Strategy Fund Stock Down 0.7%Shares of NASDAQ:FTGC opened at $26.63 on Tuesday. First Trust Global Tactical Commodity Strategy Fund has a 12-month low of $22.92 and a 12-month high of $27.57. The business has a fifty day simple moving average of $26.62 and a 200 day simple moving average of $25.78. 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.Further ReadingFive stocks we like better than First Trust Global Tactical Commodity Strategy FundQuiet Period Expirations ExplainedUnassuming Evergy Energy: The AI Boost Your Income Portfolio NeedsDo Real Estate Investment Trusts Deserve a Place in Your Portfolio?Pfizer Adds to Its Big Bet on Weight Loss DrugsUnveiling The Power Of VWAP: A Key Indicator For TradersServiceNow’s $7 Billion Gamble: Panic or Opportunity?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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