First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) to Issue $0.13 Monthly Dividend

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) announced a monthly dividend on Thursday, September 19th, NASDAQ reports. Shareholders of record on Tuesday, October 1st will be given a dividend of 0.13 per share on Friday, October 25th. This represents a $1.56 annualized dividend and a yield of 10.43%. The ex-dividend date of this dividend is Tuesday, October 1st.

First Trust High Yield Opportunities 2027 Term Fund has raised its dividend payment by an average of 33.6% annually over the last three years.

First Trust High Yield Opportunities 2027 Term Fund Trading Down 0.3 %

Shares of NYSE FTHY opened at $14.96 on Friday. The business has a 50 day simple moving average of $14.76. First Trust High Yield Opportunities 2027 Term Fund has a twelve month low of $12.66 and a twelve month high of $15.12.

Insider Buying and Selling

In other First Trust High Yield Opportunities 2027 Term Fund news, insider James A. Bowen acquired 17,000 shares of First Trust High Yield Opportunities 2027 Term Fund stock in a transaction on Tuesday, September 10th. The stock was purchased at an average price of $14.75 per share, for a total transaction of $250,750.00. Following the purchase, the insider now directly owns 123,000 shares of the company’s stock, valued at $1,814,250. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.