1ST TR ENERGY I/SH (NYSE:FIF)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $15.86 and traded as high as $16.58. 1ST TR ENERGY I/SH shares last traded at $16.54, with a volume of 2,623 shares changing hands.
The stock’s 50 day moving average price is $15.91.
The firm also recently announced a monthly dividend, which was paid on Monday, July 15th. Shareholders of record on Tuesday, July 2nd were paid a dividend of $0.11 per share. The ex-dividend date was Monday, July 1st. This represents a $1.32 annualized dividend and a yield of 8.07%.
1ST TR ENERGY I/SH Company Profile (NYSE:FIF)
First Trust Energy Infrastructure Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Energy Income Partners LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the energy infrastructure sector, including pipeline companies, utilities, and other companies that derive at least 50% of their revenues from operating or providing services in support of infrastructure assets such as pipelines, power transmission, and petroleum and natural gas storage in the petroleum, natural gas, and power generation industries.
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