First Trust Municipal CEF Income Opportunity ETF (NASDAQ:MCEF) to Issue Monthly Dividend of $0.05

First Trust Municipal CEF Income Opportunity ETF (NASDAQ:MCEF) declared a monthly dividend on Monday, August 12th, Zacks reports. Shareholders of record on Wednesday, August 14th will be given a dividend of 0.047 per share on Friday, August 30th. This represents a $0.56 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date of this dividend is Tuesday, August 13th.

NASDAQ MCEF traded down $0.06 during trading on Wednesday, reaching $19.47. 17,967 shares of the company’s stock traded hands, compared to its average volume of 3,607. The company has a 50 day simple moving average of $19.16. First Trust Municipal CEF Income Opportunity ETF has a 12-month low of $16.96 and a 12-month high of $19.59.

Further Reading: Quiet Period Expirations Explained

Dividend History for First Trust Municipal CEF Income Opportunity ETF (NASDAQ:MCEF)

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