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

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) announced a monthly dividend on Monday, April 22nd, Wall Street Journal reports. Stockholders of record on Thursday, May 2nd will be given a dividend of 0.13 per share on Tuesday, May 28th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.99%. The ex-dividend date is Wednesday, May 1st.

First Trust High Yield Opportunities 2027 Term Fund has increased its dividend by an average of 33.6% annually over the last three years and has raised its dividend annually for the last 1 consecutive years.

First Trust High Yield Opportunities 2027 Term Fund Stock Up 0.8 %

NYSE FTHY opened at $14.19 on Wednesday. First Trust High Yield Opportunities 2027 Term Fund has a fifty-two week low of $12.66 and a fifty-two week high of $14.74.

Insider Activity at First Trust High Yield Opportunities 2027 Term Fund

In other First Trust High Yield Opportunities 2027 Term Fund news, insider William A. Housey, Jr. bought 3,600 shares of First Trust High Yield Opportunities 2027 Term Fund stock in a transaction dated Wednesday, April 10th. The stock was bought at an average cost of $14.25 per share, for a total transaction of $51,300.00. Following the purchase, the insider now owns 11,600 shares in the company, valued at approximately $165,300. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, insider William A. Housey, Jr. purchased 3,600 shares of the company’s stock in a transaction that occurred on Wednesday, April 10th. The shares were acquired at an average cost of $14.25 per share, with a total value of $51,300.00. Following the transaction, the insider now owns 11,600 shares in the company, valued at approximately $165,300. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Daniel J. Lindquist acquired 3,500 shares of First Trust High Yield Opportunities 2027 Term Fund stock in a transaction that occurred on Monday, April 8th. The shares were purchased at an average price of $14.30 per share, for a total transaction of $50,050.00. Following the completion of the purchase, the vice president now directly owns 3,500 shares of the company’s stock, valued at $50,050. The disclosure for this purchase can be found here. In the last three months, insiders bought 93,100 shares of company stock valued at $1,335,750.