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

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) declared a monthly dividend on Thursday, March 20th, Wall Street Journal reports. Stockholders of record on Tuesday, April 1st will be given a dividend of 0.125 per share on Friday, April 25th. This represents a $1.50 annualized dividend and a dividend yield of 10.41%. The ex-dividend date of this dividend is Tuesday, April 1st.

First Trust High Yield Opportunities 2027 Term Fund has increased 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 0.2 %

First Trust High Yield Opportunities 2027 Term Fund stock opened at $14.41 on Friday. First Trust High Yield Opportunities 2027 Term Fund has a one year low of $13.80 and a one year high of $15.13. The stock has a fifty day moving average of $14.55 and a 200 day moving average of $14.67.

Insider Transactions at First Trust High Yield Opportunities 2027 Term Fund

In related news, insider James A. Bowen bought 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The shares were bought at an average cost of $14.46 per share, with a total value of $433,800.00. Following the acquisition, the insider now owns 169,500 shares in the company, valued at $2,450,970. This trade represents a 21.51 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.