First Trust Municipal High Income ETF (NASDAQ:FMHI) Plans $0.16 Monthly Dividend

Posted by Jessica Moore on Nov 21st, 2024

First Trust Municipal High Income ETF (NASDAQ:FMHI – Get Free Report) declared a monthly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Shareholders of record on Thursday, November 21st will be paid a dividend of 0.163 per share on Friday, November 29th. This represents a $1.96 dividend on an annualized basis and a yield of 4.01%. The ex-dividend date of this dividend is Thursday, November 21st.

First Trust Municipal High Income ETF Trading Up 0.2 %

NASDAQ:FMHI traded up $0.09 during mid-day trading on Thursday, reaching $48.81. The stock had a trading volume of 49,997 shares, compared to its average volume of 70,848. The business’s 50 day moving average is $49.02 and its 200 day moving average is $48.72. First Trust Municipal High Income ETF has a fifty-two week low of $45.71 and a fifty-two week high of $49.51.

About First Trust Municipal High Income ETF

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The First Trust Municipal High Income ETF (FMHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds a broad range of US municipal bonds. FMHI was launched on Nov 1, 2017 and is managed by First Trust.