1ST TR SR FR 20/COM (NYSE:FIV) announced a monthly dividend on Monday, July 20th, Zacks reports. Shareholders of record on Tuesday, August 4th will be given a dividend of 0.018 per share on Monday, August 17th. This represents a $0.22 annualized dividend and a yield of 2.56%. The ex-dividend date of this dividend is Monday, August 3rd.
Shares of FIV stock opened at $8.43 on Friday. 1ST TR SR FR 20/COM has a 12-month low of $5.23 and a 12-month high of $9.37. The firm has a fifty day moving average of $8.34 and a 200-day moving average of $8.32.
In other 1ST TR SR FR 20/COM news, insider David Mcgarel bought 7,374 shares of the firm’s stock in a transaction on Thursday, July 9th. The stock was purchased at an average cost of $8.29 per share, with a total value of $61,130.46.
First Trust Senior Floating Rate 2022 Target Term Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. The fund invests in fixed income markets across the globe. It invests in senior loan of any maturity to create its portfolio. The fund employs bottom-up fundamental analysis to make its investments.
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