First Trust Municipal High Income ETF (FMHI) to Issue Monthly Dividend of $0.16 on April 30th

Posted by Caroline Horne on Apr 24th, 2024

First Trust Municipal High Income ETF (NASDAQ:FMHI – Get Free Report) announced a monthly dividend on Monday, April 22nd, NASDAQ reports. Investors of record on Wednesday, April 24th will be given a dividend of 0.159 per share on Tuesday, April 30th. This represents a $1.91 annualized dividend and a yield of 4.01%. The ex-dividend date is Tuesday, April 23rd.

First Trust Municipal High Income ETF Stock Performance

First Trust Municipal High Income ETF stock opened at $47.54 on Wednesday. First Trust Municipal High Income ETF has a fifty-two week low of $43.88 and a fifty-two week high of $48.37. The firm has a 50 day moving average price of $47.94 and a 200 day moving average price of $46.99.

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.