First Trust Spclty Fin & Fncl Opptnts Fd (NYSE:FGB) declared a quarterly dividend on Monday, August 12th, NASDAQ reports. Shareholders of record on Friday, August 23rd will be paid a dividend of 0.175 per share by the closed-end fund on Friday, August 30th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 11.16%. The ex-dividend date of this dividend is Thursday, August 22nd.
First Trust Spclty Fin & Fncl Opptnts Fd has raised its dividend payment by an average of 0.2% annually over the last three years.
Shares of NYSE FGB opened at $6.27 on Wednesday. The firm’s fifty day moving average is $6.29. First Trust Spclty Fin & Fncl Opptnts Fd has a 52-week low of $4.73 and a 52-week high of $6.63.
First Trust Specialty Finance and Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Confluence Investment Management LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the specialty finance and other financial sectors.
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