First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) Raises Dividend to $0.23 Per Share

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) announced a monthly dividend on Thursday, March 21st, Wall Street Journal reports. Stockholders of record on Friday, March 22nd will be paid a dividend of 0.225 per share on Friday, March 29th. This represents a $2.70 dividend on an annualized basis and a dividend yield of 5.64%. The ex-dividend date is Thursday, March 21st. This is a boost from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.22.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has decreased its dividend payment by an average of 3.2% per year over the last three years.

NASDAQ HYLS traded down $0.18 on Thursday, hitting $47.84. 202,703 shares of the stock were exchanged, compared to its average volume of 211,346. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52 week low of $44.43 and a 52 week high of $48.50.

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Dividend History for First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

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