First Trust Mortgage Income Fund (FMY) To Go Ex-Dividend on March 3rd

First Trust Mortgage Income Fund (NYSE:FMY) declared a monthly dividend on Thursday, February 20th, Wall Street Journal reports. Investors of record on Monday, March 3rd will be given a dividend of 0.075 per share on Monday, March 17th. This represents a $0.90 dividend on an annualized basis and a yield of 7.43%. The ex-dividend date of this dividend is Monday, March 3rd.

First Trust Mortgage Income Fund has raised its dividend payment by an average of 39.3% annually over the last three years.

First Trust Mortgage Income Fund Stock Up 0.4 %

NYSE:FMY opened at $12.11 on Friday. First Trust Mortgage Income Fund has a 52 week low of $11.48 and a 52 week high of $12.72. The firm’s 50-day simple moving average is $11.97 and its 200 day simple moving average is $12.14.

First Trust Mortgage Income Fund Company Profile

First Trust Mortgage Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Brookfield Investment Management Inc The fund invests in fixed income markets. It seeks to invest in fixed income securities including mortgage-backed securities, consisting of pass-through certificates, collateralized mortgage obligations, residential mortgage-backed securities, and commercial mortgage-backed securities.