Positive Media Coverage Somewhat Unlikely to Impact First Trust California Municipal High income ETF (NASDAQ:FCAL) Share Price

Press coverage about First Trust California Municipal High income ETF (NASDAQ:FCAL) has been trending positive on Wednesday, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. First Trust California Municipal High income ETF earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 47.3854994236851 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of First Trust California Municipal High income ETF (NASDAQ:FCAL) traded up $0.17 during midday trading on Wednesday, reaching $51.27. 800 shares of the company were exchanged, compared to its average volume of 2,294. First Trust California Municipal High income ETF has a 52 week low of $49.81 and a 52 week high of $51.29.

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 30th. Investors of record on Wednesday, November 22nd were issued a $0.11 dividend. This is a positive change from First Trust California Municipal High income ETF’s previous monthly dividend of $0.10. This represents a $1.32 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date was Tuesday, November 21st.

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About First Trust California Municipal High income ETF

First California Financial Group, Inc is a bank holding company for its wholly owned subsidiary First California Bank (the Bank). The Bank is a full-service commercial bank. The Bank’s operations are primarily located within the areas commonly known as the 101 corridor stretching from the City of Ventura to Calabasas, California, the Moorpark-Simi Valley corridor, the western San Fernando Valley, the Tri-Cities area of Glendale-Burbank-Pasadena, the South Bay, the Inland Empire, north San Diego County, Century City and other parts of Los Angeles, Orange San Luis Obispo and Ventura Counties in Southern California.

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