1ST TR ENERGY I/SH (NYSE:FIF) declared a monthly dividend on Thursday, June 20th, NASDAQ reports. Shareholders of record on Tuesday, July 2nd will be paid a dividend of 0.11 per share by the investment management company on Monday, July 15th. This represents a $1.32 dividend on an annualized basis and a yield of 8.10%. The ex-dividend date of this dividend is Monday, July 1st.
1ST TR ENERGY I/SH has decreased its dividend payment by an average of 7.4% annually over the last three years.
1ST TR ENERGY I/SH stock traded down $0.05 during mid-day trading on Friday, reaching $16.30. The company had a trading volume of 38,132 shares, compared to its average volume of 54,290. 1ST TR ENERGY I/SH has a 1 year low of $12.26 and a 1 year high of $16.89. The business’s 50-day simple moving average is $15.92.
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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