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

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) announced a monthly dividend on Thursday, June 20th, NASDAQ reports. Shareholders of record on Monday, July 1st will be paid a dividend of 0.13 per share on Thursday, July 25th. This represents a $1.56 annualized dividend and a yield of 10.89%. The ex-dividend date is Monday, July 1st.

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

First Trust High Yield Opportunities 2027 Term Fund Stock Up 0.2 %

Shares of FTHY stock opened at $14.32 on Friday. First Trust High Yield Opportunities 2027 Term Fund has a 12-month low of $12.66 and a 12-month high of $14.74. The business’s 50 day moving average is $14.17.

Insiders Place Their Bets

In other First Trust High Yield Opportunities 2027 Term Fund news, insider David Mcgarel acquired 14,000 shares of the company’s stock in a transaction on Tuesday, June 18th. The shares were acquired at an average cost of $14.01 per share, with a total value of $196,140.00. Following the completion of the acquisition, the insider now directly owns 14,000 shares in the company, valued at $196,140. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. In other First Trust High Yield Opportunities 2027 Term Fund news, insider David Mcgarel bought 14,000 shares of the stock in a transaction on Tuesday, June 18th. The shares were acquired at an average price of $14.01 per share, with a total value of $196,140.00. Following the acquisition, the insider now directly owns 14,000 shares of the company’s stock, valued at approximately $196,140. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider James A. Bowen purchased 20,000 shares of the business’s stock in a transaction dated Friday, April 12th. The stock was bought at an average cost of $14.07 per share, with a total value of $281,400.00. Following the completion of the acquisition, the insider now directly owns 106,000 shares of the company’s stock, valued at $1,491,420. The disclosure for this purchase can be found here. Insiders bought 57,100 shares of company stock valued at $806,890 over the last ninety days.