First Trust Mortgage Income Fund (FMY) To Go Ex-Dividend on June 1st

First Trust Mortgage Income Fund (NYSE:FMY) declared a monthly dividend on Wednesday, May 20th. Shareholders of record on Monday, June 1st will be paid a dividend of 0.065 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Monday, June 1st.

First Trust Mortgage Income Fund Stock Performance

Shares of FMY opened at $11.58 on Friday. First Trust Mortgage Income Fund has a 12 month low of $11.40 and a 12 month high of $12.39. The company has a 50-day moving average price of $11.82 and a two-hundred day moving average price of $11.98.

About First Trust Mortgage Income Fund

First Trust Mortgage Income Fund (NYSE:FMY) is a closed-end management investment company that seeks to provide high current income by investing primarily in a diversified portfolio of mortgage-related securities. The fund’s investment strategy focuses on residential and commercial mortgage-backed securities (MBS) issued or guaranteed by U.S. government agencies, government-sponsored entities and private issuers, as well as other mortgage-related assets such as collateralized mortgage obligations (CMOs) and mortgage passthrough securities.

Since commencing operations in mid-2002, FMY has employed a disciplined, fundamental research process to construct a portfolio designed to capture income opportunities across the U.S.