Angel Oak Financial Strategies Income Term Trust (NYSE:FINS – Get Free Report) announced a monthly dividend on Monday, November 2nd. Shareholders of record on Monday, November 16th will be given a dividend of $0.1150 per share on Monday, November 30th. This represents a $1.38 dividend on an annualized basis and a yield of 11.5%. The ex-dividend date of this dividend is Monday, November 16th.
Angel Oak Financial Strategies Income Term Trust Trading Down 0.3%
Shares of Angel Oak Financial Strategies Income Term Trust stock opened at $11.98 on Wednesday. The firm’s 50-day simple moving average is $12.14 and its 200-day simple moving average is $12.65. Angel Oak Financial Strategies Income Term Trust has a twelve month low of $11.61 and a twelve month high of $13.45.
About Angel Oak Financial Strategies Income Term Trust
Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) is a closed-end investment company managed by Angel Oak Capital Advisors, LLC. The fund seeks to provide current income and, as a secondary objective, capital appreciation by investing primarily in debt and other income-producing securities issued by or associated with financial institutions and financial services companies.
FINS may invest across a range of financial assets, including bank loans, corporate debt, mortgage-related securities, structured credit and other securities linked to the financial sector.
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