First Trust High Income Long/short Fund Announces Monthly Dividend of $0.11 (FSD)

First Trust High Income Long/short Fund (NYSE:FSD) announced a monthly dividend on Thursday, March 21st, Wall Street Journal reports. Shareholders of record on Tuesday, April 2nd will be given a dividend of 0.105 per share on Monday, April 15th. This represents a $1.26 dividend on an annualized basis and a yield of 8.68%. The ex-dividend date is Monday, April 1st.

First Trust High Income Long/short Fund has raised its dividend by an average of 1.6% per year over the last three years.

FSD stock opened at $14.52 on Friday. First Trust High Income Long/short Fund has a twelve month low of $12.67 and a twelve month high of $15.25.

In other First Trust High Income Long/short Fund news, insider Shu Yang Tan bought 5,000 shares of First Trust High Income Long/short Fund stock in a transaction on Monday, January 7th. The shares were acquired at an average price of $13.79 per share, for a total transaction of $68,950.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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First Trust High Income Long/short Fund Company Profile

First Trust High Income Long/Short Fund is a closed-ended fixed-income mutual fund launched and managed by First Trust Advisors, L.P. It is co-managed by MacKay Shields LLC. The fund invests in fixed-income markets across the globe. It primarily invests in high-yield corporate fixed-income securities of varying maturities that are rated below-investment grade, including corporate bonds, debentures, notes, and commercial papers.

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Dividend History for First Trust High Income Long/short Fund (NYSE:FSD)

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