First Trust Municipal High Income ETF (NASDAQ:FMHI) declared a monthly dividend on Wednesday, May 20th, Zacks reports. Investors of record on Friday, May 22nd will be paid a dividend of 0.14 per share on Friday, May 29th. This represents a $1.68 annualized dividend and a dividend yield of 3.45%. The ex-dividend date is Thursday, May 21st.
First Trust Municipal High Income ETF has increased its dividend by an average of 123.7% annually over the last three years and has increased its dividend annually for the last 2 consecutive years.
Shares of FMHI traded up $0.17 during mid-day trading on Friday, hitting $48.69. The stock had a trading volume of 863 shares, compared to its average volume of 21,241. The business has a fifty day moving average price of $48.17 and a 200-day moving average price of $51.94. First Trust Municipal High Income ETF has a 52 week low of $42.51 and a 52 week high of $55.26.
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