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 is Monday, July 1st.
1ST TR ENERGY I/SH has decreased its dividend by an average of 7.4% annually over the last three years.
Shares of NYSE:FIF traded down $0.05 during trading on Friday, hitting $16.30. 38,132 shares of the company’s stock traded hands, compared to its average volume of 54,290. 1ST TR ENERGY I/SH has a 52 week low of $12.26 and a 52 week high of $16.89. The firm has a 50-day simple moving average of $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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