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

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) declared a monthly dividend on Friday, March 21st, Wall Street Journal reports. Investors of record on Tuesday, April 1st will be paid a dividend of 0.125 per share on Friday, April 25th. This represents a $1.50 annualized dividend and a yield of 10.40%. The ex-dividend date of this dividend is Tuesday, April 1st.

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

First Trust High Yield Opportunities 2027 Term Fund Trading Up 0.3 %

NYSE FTHY traded up $0.04 on Friday, reaching $14.42. 51,475 shares of the stock traded hands, compared to its average volume of 104,108. First Trust High Yield Opportunities 2027 Term Fund has a 12 month low of $13.80 and a 12 month high of $15.13. The company has a fifty day moving average price of $14.55 and a 200-day moving average price of $14.67.

Insider Buying and Selling

In other First Trust High Yield Opportunities 2027 Term Fund news, insider James A. Bowen acquired 30,000 shares of First Trust High Yield Opportunities 2027 Term Fund stock in a transaction that occurred on Wednesday, March 12th. The stock was bought at an average price 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 of the company’s stock, valued at approximately $2,450,970. This represents a 21.51 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.