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

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) announced a monthly dividend on Thursday, December 19th,Wall Street Journal reports. Investors of record on Thursday, January 2nd will be paid a dividend of 0.125 per share on Monday, January 27th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 10.24%. The ex-dividend date is Thursday, January 2nd.

First Trust High Yield Opportunities 2027 Term Fund has increased its dividend payment by an average of 33.6% annually over the last three years.

First Trust High Yield Opportunities 2027 Term Fund Stock Performance

Shares of FTHY traded up $0.22 during mid-day trading on Friday, reaching $14.65. 138,069 shares of the company’s stock were exchanged, compared to its average volume of 119,971. The business’s fifty day simple moving average is $14.71 and its 200-day simple moving average is $14.63. First Trust High Yield Opportunities 2027 Term Fund has a 52-week low of $13.59 and a 52-week high of $15.13.

Insider Transactions at First Trust High Yield Opportunities 2027 Term Fund

In other First Trust High Yield Opportunities 2027 Term Fund news, insider James A. Bowen bought 4,370 shares of First Trust High Yield Opportunities 2027 Term Fund stock in a transaction on Monday, September 30th. The stock was bought at an average price of $15.20 per share, with a total value of $66,424.00. Following the completion of the acquisition, the insider now owns 123,370 shares in the company, valued at $1,875,224. The trade was a 3.67 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.