First Trust Municipal High Income ETF (FMHI) to Issue Monthly Dividend of $0.17 on January 30th

First Trust Municipal High Income ETF (NASDAQ:FMHI) declared a monthly dividend on Tuesday, January 20th. Stockholders of record on Wednesday, January 21st will be given a dividend of 0.174 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Wednesday, January 21st. This is a 3.0% increase from First Trust Municipal High Income ETF’s previous monthly dividend of $0.17.

First Trust Municipal High Income ETF Stock Performance

NASDAQ FMHI opened at $47.90 on Thursday. First Trust Municipal High Income ETF has a 52 week low of $44.80 and a 52 week high of $49.05. The stock’s 50 day moving average price is $47.95 and its two-hundred day moving average price is $47.38.

First Trust Municipal High Income ETF Company Profile

The First Trust Municipal High Income ETF (FMHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds a broad range of US municipal bonds. FMHI was launched on Nov 1, 2017 and is managed by First Trust.