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

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) declared a monthly dividend on Friday, December 20th,Wall Street Journal reports. Shareholders of record on Thursday, January 2nd will be given a dividend of 0.125 per share on Monday, January 27th. This represents a $1.50 dividend on an annualized basis and a yield of 10.24%. The ex-dividend date is Thursday, January 2nd.

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

First Trust High Yield Opportunities 2027 Term Fund Stock Performance

Shares of NYSE FTHY traded up $0.22 during midday trading on Friday, reaching $14.65. 138,069 shares of the stock were exchanged, compared to its average volume of 119,971. The stock has a 50 day moving average price of $14.71 and a 200-day moving average price of $14.63. First Trust High Yield Opportunities 2027 Term Fund has a 52-week low of $13.59 and a 52-week high of $15.13.

Insider Buying and Selling

In other First Trust High Yield Opportunities 2027 Term Fund news, insider James A. Bowen bought 4,370 shares of the company’s stock in a transaction that occurred on Monday, September 30th. The stock was purchased at an average cost of $15.20 per share, for a total transaction of $66,424.00. Following the completion of the purchase, the insider now owns 123,370 shares of the company’s stock, valued at $1,875,224. This trade represents a 3.67 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.