First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) Declares $0.13 Monthly Dividend

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) declared a monthly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Stockholders of record on Monday, December 2nd will be paid a dividend of 0.125 per share on Thursday, December 26th. This represents a $1.50 annualized dividend and a dividend yield of 10.19%. The ex-dividend date is Monday, December 2nd.

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

First Trust High Yield Opportunities 2027 Term Fund Price Performance

Shares of FTHY traded up $0.07 during trading hours on Thursday, hitting $14.72. The company had a trading volume of 88,300 shares, compared to its average volume of 119,195. First Trust High Yield Opportunities 2027 Term Fund has a 52-week low of $13.46 and a 52-week high of $15.13. The firm has a fifty day moving average price of $14.80 and a 200-day moving average price of $14.57.

Insiders Place Their Bets

In other First Trust High Yield Opportunities 2027 Term Fund news, insider James A. Bowen bought 17,000 shares of First Trust High Yield Opportunities 2027 Term Fund stock in a transaction on Tuesday, September 10th. The stock was acquired at an average price of $14.75 per share, with a total value of $250,750.00. Following the acquisition, the insider now owns 123,000 shares in the company, valued at approximately $1,814,250. This trade represents a 16.04 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.