First Trust Municipal High Income ETF (FMHI) to Issue Dividend of $0.18 on May 29th

First Trust Municipal High Income ETF (NASDAQ:FMHI) declared a dividend on Wednesday, May 20th, NASDAQ Dividends reports. Investors of record on Thursday, May 21st will be paid a dividend of 0.176 per share on Friday, May 29th. The ex-dividend date is Thursday, May 21st. This is a 0.6% increase from First Trust Municipal High Income ETF’s previous dividend of $0.18.

First Trust Municipal High Income ETF Trading Down 0.3%

Shares of NASDAQ:FMHI opened at $47.63 on Friday. The stock has a 50 day moving average of $47.94 and a 200 day moving average of $48.03. First Trust Municipal High Income ETF has a 12-month low of $45.83 and a 12-month high of $48.73.

First Trust Municipal High Income ETF Company Profile

The First Trust Municipal High Income ETF (FMHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds a broad range of US municipal bonds. FMHI was launched on Nov 1, 2017 and is managed by First Trust.