First Trust Income Opportunities ETF (NASDAQ:FCEF) Raises Dividend to $0.13 Per Share

First Trust Income Opportunities ETF (NASDAQ:FCEF) announced a monthly dividend on Wednesday, July 10th, NASDAQ reports. Investors of record on Thursday, July 11th will be paid a dividend of 0.13 per share on Wednesday, July 31st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 7.29%. The ex-dividend date is Thursday, July 11th. This is a positive change from First Trust Income Opportunities ETF’s previous monthly dividend of $0.13.

First Trust Income Opportunities ETF Stock Down 0.1 %

Shares of First Trust Income Opportunities ETF stock traded down $0.03 during trading on Thursday, reaching $21.40. 20,242 shares of the company were exchanged, compared to its average volume of 6,357. First Trust Income Opportunities ETF has a twelve month low of $17.62 and a twelve month high of $21.48. The business has a 50-day moving average price of $20.89 and a 200-day moving average price of $20.37. The firm has a market capitalization of $35.30 million, a price-to-earnings ratio of 17.57 and a beta of 0.95.

About First Trust Income Opportunities ETF

The First Trust Income Opportunity ETF (FCEF) is an exchange-traded fund that is based on the S-Network Composite Closed-End Fund index. The fund is an actively managed ETF that holds closed-end funds to get exposure to US and non-US equity, fixed income securities, and commodities. The fund’s primary objective is to provide current income.