First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) Plans $0.13 Monthly Dividend

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) declared a monthly dividend on Tuesday, April 23rd, Wall Street Journal reports. Stockholders of record on Thursday, May 2nd will be paid a dividend of 0.13 per share on Tuesday, May 28th. This represents a $1.56 annualized dividend and a dividend yield of 10.99%. The ex-dividend date of this dividend is Wednesday, May 1st.

First Trust High Yield Opportunities 2027 Term Fund has raised its dividend payment by an average of 33.6% annually over the last three years and has raised its dividend every year for the last 1 years.

First Trust High Yield Opportunities 2027 Term Fund Stock Performance

Shares of FTHY stock traded up $0.12 during trading hours on Tuesday, hitting $14.20. The company had a trading volume of 163,320 shares, compared to its average volume of 163,129. First Trust High Yield Opportunities 2027 Term Fund has a fifty-two week low of $12.66 and a fifty-two week high of $14.74.

Insider Transactions at First Trust High Yield Opportunities 2027 Term Fund

In other First Trust High Yield Opportunities 2027 Term Fund news, VP Daniel J. Lindquist purchased 3,500 shares of First Trust High Yield Opportunities 2027 Term Fund stock in a transaction on Monday, April 8th. The shares were purchased at an average cost of $14.30 per share, with a total value of $50,050.00. Following the completion of the transaction, the vice president now directly owns 3,500 shares in the company, valued at approximately $50,050. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other First Trust High Yield Opportunities 2027 Term Fund news, VP Daniel J. Lindquist purchased 3,500 shares of the firm’s stock in a transaction dated Monday, April 8th. The stock was acquired at an average cost of $14.30 per share, with a total value of $50,050.00. Following the acquisition, the vice president now owns 3,500 shares of the company’s stock, valued at approximately $50,050. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, insider James A. Bowen purchased 20,000 shares of the firm’s stock in a transaction dated Friday, April 12th. The stock was acquired at an average cost of $14.07 per share, with a total value of $281,400.00. Following the completion of the acquisition, the insider now directly owns 106,000 shares in the company, valued at approximately $1,491,420. The disclosure for this purchase can be found here. Insiders bought a total of 93,100 shares of company stock worth $1,335,750 over the last ninety days.