First Trust Spclty Fin & Fncl Opptnts Fd (NYSE:FGB) declared a quarterly dividend on Friday, February 10th. Investors of record on Friday, February 24th will be given a dividend of 0.175 per share by the closed-end fund on Tuesday, February 28th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 8.81%. The ex-dividend date of this dividend is Wednesday, February 22nd. This is a positive change from First Trust Spclty Fin & Fncl Opptnts Fd’s previous quarterly dividend of $0.17.

First Trust Spclty Fin & Fncl Opptnts Fd (NYSE:FGB) opened at 7.95 on Friday. First Trust Spclty Fin & Fncl Opptnts Fd has a 52-week low of $4.77 and a 52-week high of $8.05. The company’s 50 day moving average is $7.59 and its 200-day moving average is $7.13.

“First Trust Spclty Fin & Fncl Opptnts Fd (FGB) Raises Dividend to $0.18 Per Share” was first reported by Daily Political and is owned by of Daily Political. If you are viewing this article on another website, it was illegally stolen and republished in violation of international trademark & copyright laws. The legal version of this article can be accessed at http://www.dailypolitical.com/2017/02/17/first-trust-spclty-fin-fncl-opptnts-fd-fgb-raises-dividend-to-0-18-per-share.html.

First Trust Spclty Fin & Fncl Opptnts Fd Company Profile

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 approximately 80% of its Managed Assets in a portfolio of securities of specialty finance and other financial companies.

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