First Trust Energy Infrastructure Fund (NYSE:FIF) declared a aug 17 dividend on Thursday, July 20th, RTT News reports. Shareholders of record on Thursday, August 3rd will be given a dividend of 0.11 per share by the investment management company on Tuesday, August 15th. This represents a dividend yield of 7.05%. The ex-dividend date is Tuesday, August 1st.
First Trust Energy Infrastructure Fund has decreased its dividend payment by an average of 24.4% annually over the last three years.
First Trust Energy Infrastructure Fund (NYSE FIF) opened at 17.70 on Monday. First Trust Energy Infrastructure Fund has a 1-year low of $16.71 and a 1-year high of $20.21. The firm’s 50 day moving average is $18.51 and its 200 day moving average is $18.69.
About First Trust Energy Infrastructure Fund
First Trust Energy Infrastructure Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek a high level of total return with an emphasis on current distributions paid to shareholders. The Fund invests primarily in securities of companies engaged in the energy infrastructure sector, including publicly-traded master limited partnerships (MLPs) and limited liability companies taxed as partnerships, MLP affiliates, yield corporations (YieldCos), pipeline companies, utilities, and other companies that derive at least 50% of their revenues from operating or providing services in support of infrastructure assets, such as pipelines, power transmission, and petroleum and natural gas storage in the petroleum, natural gas and power generation industries.
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