First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) Plans $0.13 Monthly Dividend

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) announced a monthly dividend on Thursday, March 19th. Stockholders of record on Wednesday, April 1st will be paid a dividend of 0.125 per share on Monday, April 27th. This represents a c) annualized dividend and a dividend yield of 11.1%. The ex-dividend date of this dividend is Wednesday, April 1st.

First Trust High Yield Opportunities 2027 Term Fund Stock Performance

Shares of FTHY stock opened at $13.53 on Friday. The stock’s fifty day moving average price is $13.95 and its 200 day moving average price is $14.13. First Trust High Yield Opportunities 2027 Term Fund has a 1-year low of $12.84 and a 1-year high of $14.98.

First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY) is a closed-end management investment company organized as a diversified term fund. Scheduled to terminate in 2027, the fund seeks to provide shareholders with high current income and the potential for capital appreciation through a portfolio of fixed-income securities. It operates under the management of First Trust Advisors L.P., a subsidiary of First Trust, and utilizes professional research and risk-management processes to construct its holdings.

The fund primarily invests in U.S.