First Trust Spclty Fin & Fncl Opptnts Fd to Issue Quarterly Dividend of $0.18 (FGB)
First Trust Spclty Fin & Fncl Opptnts Fd (NYSE:FGB) declared a quarterly dividend on Friday, November 9th, Wall Street Journal reports. Investors of record on Friday, November 23rd will be given a dividend of 0.175 per share by the closed-end fund on Monday, December 3rd. This represents a $0.70 annualized dividend and a yield of 11.15%. The ex-dividend date is Wednesday, November 21st.
First Trust Spclty Fin & Fncl Opptnts Fd has increased its dividend by an average of 0.7% annually over the last three years.
FGB opened at $6.28 on Friday. First Trust Spclty Fin & Fncl Opptnts Fd has a 12 month low of $5.65 and a 12 month high of $6.65.
First Trust Specialty Finance and Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Confluence Investment Management LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the specialty finance and other financial sectors.
Further Reading: What strategies should day traders use to execute a trade?
Receive News & Ratings for First Trust Spclty Fin & Fncl Opptnts Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Spclty Fin & Fncl Opptnts Fd and related companies with MarketBeat.com's FREE daily email newsletter.