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) declared a monthly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be paid a dividend of 0.179 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 0.6% increase from First Trust Municipal High Income ETF’s previous monthly dividend of $0.18.

First Trust Municipal High Income ETF Price Performance

Shares of NASDAQ FMHI opened at $45.55 on Thursday. The stock’s 50-day moving average is $47.27 and its 200 day moving average is $47.81. First Trust Municipal High Income ETF has a 1-year low of $45.62 and a 1-year high of $48.73.

About First Trust Municipal High Income ETF

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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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