First Trust MLP and Energy Income Fund (NYSE:FEI – Get Rating) declared a monthly dividend on Monday, January 23rd, Zacks reports. Shareholders of record on Thursday, February 2nd will be paid a dividend of 0.05 per share on Wednesday, February 15th. This represents a $0.60 annualized dividend and a yield of 7.31%. The ex-dividend date of this dividend is Wednesday, February 1st.
First Trust MLP and Energy Income Fund has decreased its dividend payment by an average of 20.6% per year over the last three years.
First Trust MLP and Energy Income Fund Price Performance
Shares of FEI opened at $8.21 on Wednesday. First Trust MLP and Energy Income Fund has a 1 year low of $7.02 and a 1 year high of $8.81. The company’s 50-day simple moving average is $7.90 and its 200-day simple moving average is $7.88.
Institutional Trading of First Trust MLP and Energy Income Fund
About First Trust MLP and Energy Income Fund
First Trust MLP & Energy Income Fund is a non-diversified, closed-end management investment company, which invests in a portfolio of cash-generating securities, publicly traded master limited partnerships, and MLP-related entities in the energy sector and energy utility industries. It has an objective of seeking a level of total return with an emphasis on current distributions paid to common shareholders.
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