Angel Oak Financial Strategies Income Term Trust (FINS) To Go Ex-Dividend on April 15th

Posted by Micah Haroldson on Apr 13th, 2024

Angel Oak Financial Strategies Income Term Trust (NYSE:FINS – Get Free Report) declared a monthly dividend on Monday, April 1st, Zacks reports. Investors of record on Tuesday, April 16th will be given a dividend of 0.109 per share on Tuesday, April 30th. This represents a $1.31 annualized dividend and a yield of 10.57%. The ex-dividend date is Monday, April 15th.

Angel Oak Financial Strategies Income Term Trust has decreased its dividend by an average of 1.4% annually over the last three years and has increased its dividend annually for the last 1 consecutive years.

Angel Oak Financial Strategies Income Term Trust Stock Down 0.6 %

FINS stock opened at $12.37 on Friday. The business’s 50-day moving average is $12.34 and its two-hundred day moving average is $12.13. Angel Oak Financial Strategies Income Term Trust has a 1 year low of $11.61 and a 1 year high of $12.55.

Institutional Investors Weigh In On Angel Oak Financial Strategies Income Term Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in FINS. Envestnet Asset Management Inc. purchased a new position in Angel Oak Financial Strategies Income Term Trust in the fourth quarter valued at about $126,000. Comerica Bank bought a new position in Angel Oak Financial Strategies Income Term Trust during the 3rd quarter worth approximately $206,000. First Trust Advisors LP bought a new position in Angel Oak Financial Strategies Income Term Trust during the 3rd quarter worth approximately $269,000. SFI Advisors LLC lifted its holdings in Angel Oak Financial Strategies Income Term Trust by 53.9% during the 1st quarter. SFI Advisors LLC now owns 22,043 shares of the company’s stock worth $272,000 after buying an additional 7,722 shares during the last quarter. Finally, Susquehanna International Group LLP bought a new stake in shares of Angel Oak Financial Strategies Income Term Trust in the 4th quarter worth approximately $286,000.