First Trust Spclty Fin & Fncl Opptnts Fd (NYSE:FGB) announced a quarterly dividend on Friday, November 10th, Wall Street Journal reports. Shareholders of record on Friday, November 24th will be given a dividend of 0.175 per share by the closed-end fund on Friday, December 1st. This represents a $0.70 dividend on an annualized basis and a yield of 10.74%. The ex-dividend date of this dividend is Wednesday, November 22nd.
First Trust Spclty Fin & Fncl Opptnts Fd has increased its dividend by an average of 1.5% per year over the last three years.
Shares of First Trust Spclty Fin & Fncl Opptnts Fd (FGB) opened at $6.52 on Tuesday. First Trust Spclty Fin & Fncl Opptnts Fd has a 52 week low of $6.44 and a 52 week high of $8.43.
First Trust Specialty Finance and Financial Opportunities Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income. The Fund seeks attractive total return as a secondary objective. Under normal market conditions, the Fund invests at least 80% of its Managed Assets in a portfolio of securities of specialty finance and other financial companies.
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