First Trust Specialty Finance and Financial Opportunities Fund (NYSE:FGB) Declares $0.10 Quarterly Dividend

First Trust Specialty Finance and Financial Opportunities Fund (NYSE:FGB) declared a quarterly dividend on Tuesday, November 12th,Wall Street Journal reports. Investors of record on Friday, November 22nd will be paid a dividend of 0.10 per share by the closed-end fund on Monday, December 2nd. This represents a $0.40 dividend on an annualized basis and a yield of 9.57%. The ex-dividend date is Friday, November 22nd.

First Trust Specialty Finance and Financial Opportunities Fund has decreased its dividend payment by an average of 8.8% per year over the last three years.

First Trust Specialty Finance and Financial Opportunities Fund Stock Up 0.4 %

First Trust Specialty Finance and Financial Opportunities Fund stock opened at $4.18 on Thursday. The business’s fifty day moving average is $4.09 and its 200 day moving average is $3.96. First Trust Specialty Finance and Financial Opportunities Fund has a one year low of $3.26 and a one year high of $4.21.

First Trust Specialty Finance and Financial Opportunities Fund Company Profile

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.