First Trust Energy Infrastructure Fund (FIF) To Go Ex-Dividend on April 26th

First Trust Energy Infrastructure Fund (NYSE:FIF) declared a monthly dividend on Thursday, April 25th, Wall Street Journal reports. Investors of record on Monday, April 29th will be paid a dividend of 0.15 per share by the investment management company on Thursday, May 2nd. This represents a $1.80 annualized dividend and a dividend yield of 9.82%. The ex-dividend date of this dividend is Friday, April 26th. This is an increase from First Trust Energy Infrastructure Fund’s previous monthly dividend of $0.10.

First Trust Energy Infrastructure Fund has increased its dividend by an average of 5.2% annually over the last three years and has raised its dividend annually for the last 2 consecutive years.

First Trust Energy Infrastructure Fund Trading Down 0.1 %

FIF traded down $0.02 during trading hours on Thursday, reaching $18.33. The company’s stock had a trading volume of 24,104 shares, compared to its average volume of 57,886. First Trust Energy Infrastructure Fund has a fifty-two week low of $13.76 and a fifty-two week high of $18.56. The business’s 50-day moving average is $17.45 and its 200-day moving average is $16.51.

First Trust Energy Infrastructure Fund Company Profile

First Trust Energy Infrastructure Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Energy Income Partners LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the energy infrastructure sector, including pipeline companies, utilities, and other companies that derive at least 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.