First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) to Issue Monthly Dividend of $0.13

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) declared a monthly dividend on Thursday, February 20th, Wall Street Journal reports. Shareholders of record on Monday, March 3rd will be paid a dividend of 0.125 per share on Tuesday, March 25th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 10.30%. The ex-dividend date of this dividend is Monday, March 3rd.

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

First Trust High Yield Opportunities 2027 Term Fund Stock Down 0.2 %

Shares of FTHY traded down $0.04 during mid-day trading on Friday, hitting $14.57. 85,378 shares of the company were exchanged, compared to its average volume of 115,911. First Trust High Yield Opportunities 2027 Term Fund has a 1-year low of $13.80 and a 1-year high of $15.13. The company has a 50 day moving average of $14.57 and a 200-day moving average of $14.70.