Angel Oak Financial Strategies Income Term Trust (NYSE:FINS – Get Free Report) announced a monthly dividend on Wednesday, September 30th. Shareholders of record on Friday, October 16th will be paid a dividend of $0.1150 per share on Friday, October 30th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 11.5%. The ex-dividend date of this dividend is Friday, October 16th.
Angel Oak Financial Strategies Income Term Trust Stock Performance
FINS opened at $11.95 on Thursday. The stock’s 50 day simple moving average is $12.46 and its 200-day simple moving average is $12.65. Angel Oak Financial Strategies Income Term Trust has a 1 year low of $11.85 and a 1 year high of $13.45.
About Angel Oak Financial Strategies Income Term Trust
Angel Oak Financial Strategies Income Term Trust is a closed-end management investment company listed on the New York Stock Exchange under the symbol FINS. The fund seeks to provide current income and, to a lesser extent, capital appreciation by investing primarily in debt instruments and other income-producing assets associated with the financial services sector.
Its portfolio may include residential mortgage-backed securities, asset-backed securities, collateralized loan obligations, corporate debt and other structured or credit-related investments.
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