First Trust Energy Infrastructure Fund (FIF) Announces $0.11 Dec 16 Dividend
First Trust Energy Infrastructure Fund (NYSE:FIF) announced a dec 16 dividend on Monday, November 21st. Shareholders of record on Monday, December 5th will be given a dividend of 0.11 per share by the investment management company on Monday, December 12th. The ex-dividend date is Thursday, December 1st.
Shares of First Trust Energy Infrastructure Fund (NYSE:FIF) opened at 18.54 on Friday. The firm’s 50-day moving average is $18.12 and its 200-day moving average is $17.63. First Trust Energy Infrastructure Fund has a 12-month low of $10.64 and a 12-month high of $19.43.
In other First Trust Energy Infrastructure Fund news, insider James Murchie purchased 1,500 shares of the stock in a transaction on Monday, November 14th. The stock was bought at an average price of $17.66 per share, for a total transaction of $26,490.00. Following the acquisition, the insider now directly owns 17,500 shares of the company’s stock, valued at $309,050. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
About First Trust Energy Infrastructure Fund
First Trust Energy Infrastructure Fund (the Fund) is a non-diversified, closed-end management investment fund. The Fund’s investment objective is to seek a high level of total return with an emphasis on current distributions paid to shareholders. The Fund invests primarily in securities of companies engaged in the energy infrastructure sector, including publicly-traded master limited partnerships (MLPs) and limited liability companies taxed as partnerships (MLPs), MLP affiliates, YieldCos, pipeline companies, utilities, and other companies that derive approximately 50% of their revenues from operating or providing services in support of infrastructure assets such as pipelines, power transmission and petroleum and natural gas storage in the petroleum, natural gas and power generation industries.
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