First Trust High Yield Opportunities 2027 Term Fund (FTHY) To Go Ex-Dividend on April 1st

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) declared a monthly dividend on Thursday, March 20th, Wall Street Journal reports. Investors of record on Tuesday, April 1st will be given a dividend of 0.125 per share on Friday, April 25th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 10.37%. The ex-dividend date of this dividend is Tuesday, April 1st.

First Trust High Yield Opportunities 2027 Term Fund has increased its dividend by an average of 5.5% annually over the last three years.

First Trust High Yield Opportunities 2027 Term Fund Stock Performance

FTHY stock opened at $14.47 on Friday. The company’s fifty day simple moving average is $14.55 and its 200 day simple moving average is $14.66. First Trust High Yield Opportunities 2027 Term Fund has a 12-month low of $13.80 and a 12-month high of $15.13.

Insider Activity at First Trust High Yield Opportunities 2027 Term Fund

In related news, insider James A. Bowen bought 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 12th. The shares were acquired at an average cost of $14.46 per share, with a total value of $433,800.00. Following the completion of the purchase, the insider now directly owns 169,500 shares in the company, valued at $2,450,970. The trade was a 21.51 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.