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

First Trust Mortgage Income Fund (NYSE:FMY) announced a monthly dividend on Thursday, March 20th, Wall Street Journal reports. Stockholders of record on Tuesday, April 1st will be paid a dividend of 0.075 per share on Tuesday, April 15th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 7.41%. The ex-dividend date of this dividend is Tuesday, April 1st.

First Trust Mortgage Income Fund has increased its dividend payment by an average of 39.3% annually over the last three years.

First Trust Mortgage Income Fund Stock Up 0.0 %

FMY stock opened at $12.15 on Friday. The business has a 50 day moving average of $12.07 and a 200 day moving average of $12.11. First Trust Mortgage Income Fund has a twelve month low of $11.48 and a twelve month high of $12.72.

First Trust Mortgage Income Fund Company Profile

First Trust Mortgage Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Brookfield Investment Management Inc The fund invests in fixed income markets. It seeks to invest in fixed income securities including mortgage-backed securities, consisting of pass-through certificates, collateralized mortgage obligations, residential mortgage-backed securities, and commercial mortgage-backed securities.