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

Posted by Teresa Graham on Jan 22nd, 2025

First Trust Municipal High Income ETF (NASDAQ:FMHI – Get Free Report) declared a monthly dividend on Tuesday, January 21st,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 22nd will be paid a dividend of 0.163 per share on Friday, January 31st. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date of this dividend is Wednesday, January 22nd.

First Trust Municipal High Income ETF Stock Performance

Shares of First Trust Municipal High Income ETF stock traded down $0.04 during midday trading on Wednesday, reaching $48.25. The company had a trading volume of 42,599 shares, compared to its average volume of 97,377. The stock has a fifty day simple moving average of $48.57 and a 200 day simple moving average of $48.84. First Trust Municipal High Income ETF has a 1-year low of $47.14 and a 1-year high of $49.51.

First Trust Municipal High Income ETF Company Profile

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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.