First Trust Municipal High Income ETF (NASDAQ:FMHI) Declares Monthly Dividend of $0.16

Posted by Caroline Horne on Nov 22nd, 2024

First Trust Municipal High Income ETF (NASDAQ:FMHI – Get Free Report) announced a monthly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Stockholders of record on Thursday, November 21st will be given a dividend of 0.163 per share on Friday, November 29th. This represents a $1.96 annualized dividend and a dividend yield of 4.01%. The ex-dividend date of this dividend is Thursday, November 21st.

First Trust Municipal High Income ETF Stock Performance

NASDAQ:FMHI opened at $48.81 on Friday. First Trust Municipal High Income ETF has a 52 week low of $45.71 and a 52 week high of $49.51. The stock’s fifty day moving average is $49.02 and its two-hundred day moving average is $48.72.

About First Trust Municipal High Income ETF

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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.