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

First Trust Municipal High Income ETF (NASDAQ:FMHI) announced a monthly dividend on Thursday, December 12th,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.163 per share on Tuesday, December 31st. This represents a $1.96 annualized dividend and a dividend yield of 4.01%. The ex-dividend date is Friday, December 13th.

First Trust Municipal High Income ETF Price Performance

First Trust Municipal High Income ETF stock traded up $0.01 during mid-day trading on Friday, hitting $48.72. The stock had a trading volume of 145,258 shares, compared to its average volume of 71,220. The stock has a 50-day simple moving average of $48.93 and a two-hundred day simple moving average of $48.84. First Trust Municipal High Income ETF has a 12 month low of $47.14 and a 12 month high of $49.51.

About First Trust Municipal High Income ETF

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.