First Trust High Yield Opportunities 2027 Term Fund (FTHY) to Issue Monthly Dividend of $0.13 on November 25th

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) declared a monthly dividend on Monday, October 21st, NASDAQ reports. Investors of record on Friday, November 1st will be paid a dividend of 0.125 per share on Monday, November 25th. This represents a $1.50 annualized dividend and a dividend yield of 10.25%. The ex-dividend date of this dividend is Friday, November 1st.

First Trust High Yield Opportunities 2027 Term Fund has increased its dividend by an average of 33.6% annually over the last three years.

First Trust High Yield Opportunities 2027 Term Fund Stock Performance

Shares of FTHY opened at $14.63 on Wednesday. The company has a 50-day simple moving average of $14.86 and a two-hundred day simple moving average of $14.52. First Trust High Yield Opportunities 2027 Term Fund has a one year low of $12.68 and a one year high of $15.13.

Insider Activity

In other news, insider James A. Bowen purchased 4,370 shares of First Trust High Yield Opportunities 2027 Term Fund stock in a transaction that occurred on Monday, September 30th. The shares were bought at an average cost of $15.20 per share, with a total value of $66,424.00. Following the completion of the purchase, the insider now directly owns 123,370 shares in the company, valued at approximately $1,875,224. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, insider James A. Bowen purchased 17,000 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were purchased at an average cost of $14.75 per share, with a total value of $250,750.00. Following the transaction, the insider now directly owns 123,000 shares in the company, valued at $1,814,250. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider James A. Bowen acquired 4,370 shares of First Trust High Yield Opportunities 2027 Term Fund stock in a transaction that occurred on Monday, September 30th. The shares were bought at an average cost of $15.20 per share, with a total value of $66,424.00. Following the transaction, the insider now owns 123,370 shares in the company, valued at $1,875,224. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here.