Angel Oak Financial Strategies Income Term Trust (NYSE:FINS – Get Free Report) declared a monthly dividend on Monday, July 1st, Wall Street Journal reports. Investors of record on Wednesday, July 17th will be paid a dividend of 0.109 per share on Wednesday, July 31st. This represents a $1.31 dividend on an annualized basis and a yield of 10.61%. The ex-dividend date of this dividend is Wednesday, July 17th.
Angel Oak Financial Strategies Income Term Trust Stock Performance
NYSE:FINS opened at $12.33 on Wednesday. The firm’s 50-day moving average is $12.40 and its 200-day moving average is $12.28. Angel Oak Financial Strategies Income Term Trust has a 52-week low of $11.61 and a 52-week high of $12.65.
Insiders Place Their Bets
In related news, Portfolio Manager Johannes Palsson purchased 5,670 shares of the stock in a transaction on Thursday, April 18th. The shares were purchased at an average cost of $12.39 per share, for a total transaction of $70,251.30. Following the completion of the transaction, the portfolio manager now directly owns 46,403 shares of the company’s stock, valued at approximately $574,933.17. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
About Angel Oak Financial Strategies Income Term Trust
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