First Trust High Yield Opportunities 2027 Term Fund (FTHY) to Issue Monthly Dividend of $0.13 on February 25th

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) announced a monthly dividend on Tuesday, January 21st,Wall Street Journal reports. Shareholders of record on Monday, February 3rd will be given a dividend of 0.125 per share on Tuesday, February 25th. This represents a $1.50 dividend on an annualized basis and a yield of 10.28%. The ex-dividend date of this dividend is Monday, February 3rd.

First Trust High Yield Opportunities 2027 Term Fund has increased its dividend by an average of 6.9% annually over the last three years.

First Trust High Yield Opportunities 2027 Term Fund Stock Up 0.2 %

Shares of FTHY stock opened at $14.60 on Thursday. The stock’s 50-day moving average is $14.62 and its 200 day moving average is $14.71. First Trust High Yield Opportunities 2027 Term Fund has a 1-year low of $13.72 and a 1-year high of $15.13.