First Trust Municipal High Income ETF (NASDAQ:FMHI) Raises Dividend to $0.18 Per Share

First Trust Municipal High Income ETF (NASDAQ:FMHIGet Free Report) announced a monthly dividend on Thursday, February 19th. Shareholders of record on Friday, February 20th will be given a dividend of 0.175 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date is Friday, February 20th. This is a 0.6% increase from First Trust Municipal High Income ETF’s previous monthly dividend of $0.17.

First Trust Municipal High Income ETF Trading Down 0.4%

First Trust Municipal High Income ETF stock traded down $0.20 during mid-day trading on Friday, reaching $48.34. 36,887 shares of the company traded hands, compared to its average volume of 127,163. The firm’s fifty day moving average is $48.07 and its two-hundred day moving average is $47.65. First Trust Municipal High Income ETF has a fifty-two week low of $44.80 and a fifty-two week high of $49.05.

First Trust Municipal High Income ETF Company Profile

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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.

Further Reading

Dividend History for First Trust Municipal High Income ETF (NASDAQ:FMHI)

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